Superdry's losses almost double amid Covid-19 lockdown

The drop in revenue was also evidence of a change in direction for the business.

Around 95% of Superdry's stores have now reopened. Picture: Denis Scannell

Clothing brand Superdry nearly doubled its losses in its most recent financial year as it dealt with the first month of lockdown.

The retailer said that pre-tax loss reached €182m (£166.9m) in the 12 months ending April 25, up 87% from last year's €97m (£89.3m) loss.