The founder of Superdry has vowed to stay with the business until at least April 2021 as he works through his turnaround plans following a boardroom coup earlier this year.
The founder of Superdry warned the revival of the struggling British fashion group would be a long haul after a £130m (€145m) charge for poorly performing stores pushed it into an annual loss, sending its shares lower.
Deirdre Hipwell Superdry’s founder says he’s cutting discounts and taking other steps to turn around the fashion chain after a profit warning that followed his return to lead the company.
Shares in clothes firm Superdry slumped almost 10% after founder Julian Dunkerton narrowly forced his way back into the company, which sparked the exit of most of its board members, including top executives.
Superdry co-founder Julian Dunkerton has suffered another blow in his bid to return to the fashion chain's board.
Superdry co-founder Julian Dunkerton has officially demanded a shareholder meeting as part of his efforts to stage a comeback at the fashion chain.
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