Superdry

Selfridges boss blames job cuts on loss of tax-free shopping

Selfridges is reportedly set to cut 70 jobs with CEO Andrew Keith blaming the loss of tax-free shopping, according to…

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Today’s news in brief-16/4/24

Superdry has announced a restructuring plan targeting rent reductions across 39 UK stores. The company, seeking to secure its future…

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Superdry seeks rent reductions as part of restructuring plan

Superdry has revealed its restructuring plan as it seeks reductions in rent across 39 of its UK stores. Furthermore, the…

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Today’s news in brief-2/4/24

Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility…

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Superdry CEO abandons takeover as Hilco extends funding facility

Superdry CEO Julian Dunkerton’s plan to takeover the group has fallen through, as the fashion retailer has announced a funding…

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How can the physical retail sector win its battle to survive?

It is well known that the high street is battling for survival. Insolvency statistics released this month show a 17%…

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Today’s news in brief-12/3/24

Superdry is in talks with Hilco Capital for a loan of up to £20m. This loan would support the company’s…

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Superdry discusses £20m loan with Hilco

Superdry has confirmed that it is in discussions with Hilco Capital for a loan worth up to £20m. The company…

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Today’s news in brief-8/3/24

Superdry has partnered with restructuring firm Teneo to explore cost-saving measures amid financial struggles. With a reported revenue decline of…

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Superdry appoints restructuring firm to explore cost-saving options

Superdry has drafted in advisers from restructuring firm Teneo in a bid to explore cost-saving options, Drapers has reported. The retailer…

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