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.

Online Fashion retailer Asos reported an 87% drop in first-half pretax profit, hurt by poor trading in the run-up to Christmas and logistical hiccups in the US market.

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.

Superdry, which was forced to reinstate the famous ‘The Moderne’ sign over its premises in Cork last year following the intervention of planning officials and a formal complaint from a member of the public, has won an award for its preservation of the building.

Cork City is due to get a significant new, branded Italian restaurant and deli — a Carluccio’s.

The €9.5 million sale of Irish Life investment properties in Cork and Limerick includes two Patrick Street Cork units set for increased profile from next year, when the Capitol Cinema retail site is completed, bringing a strong anchor (Zara? H&M?) to this end of Patrick Street.

The relocation of fashion retailer Cari’s Closet from Carey’s Lane to Patrick Street, Cork, brings 12, Carey’s Lane, to the letting market.

International clothes retailer Superdry has backed down and reinstated the famous sign over the former Moderne store it now occupies on Cork’s main shopping street.

TWO key moves this week may put Cork city on the investor and retail radar, as the city centre inches back from the slack years of recession.

The investment arm of the Davy Group has made a further retail swoop on Cork city’s Patrick Street, having bought the Moderne last year for circa €4-5 million in an off-market deal.

Bigger than a wedding marquee - that’s the proposed new national Bridal Centre.

Irish tweenie and teenage boys are going where Irish men once rarely ventured — they are playing with fashion and mastering trends they spot on social media, says Paula Burns

Supergroup has become the latest fashion retailer to blame the warm winter weather for falling sales.

Billed as Cork City’s "last great retail site of note", a plot of more than half an acre on St Patrick’s St and Grand Parade — including the Capitol Cinema site and Central Shoe Stores — goes for sale next week.

Face of change in Cork City

A recovery in trade in one of Cork’s city centre’s under-performing streets — Academy Street — is heralded with the opening this weekend of a new restaurant, CoqBull, which replaces hospitality supremo Jay Bourke’s long-established Cafe Bar Deli.

A two-tier retail property market is expected to become more prominent this year, but further improvements in rent conditions are also likely.

Superdry owner SuperGroup shrugged off the consumer gloom today as higher sales and profits set it up for a merry Christmas.

A PRIME, good-sized store on Cork City’s Patrick Street has come up to let via Savills, at a market-savvy rent, after being vacated during the summer by Mothercare.

Superdry owner SuperGroup reported resilient UK sales today in the face of unseasonal weather conditions and aggressive promotions on the high street.

A weak start for London shares turned into a full-blown rout today as investors ditched risky stocks on more global growth fears.

London’s blue chip index slumped to a three-month low today after being dogged by fresh fears that Greece would default on its debts.

Superdry clothing chain SuperGroup today revealed its growth plans remained on track and said that trading had been strong in recent weeks.

THE owner of discount fashion chain Penneys has reported sluggish sales in Britain although consumer demand is holding elsewhere in Europe, including Ireland.

Superdry fashion firm SuperGroup eyed major growth in Europe today after a deal worth €40m for its biggest franchisee.

Falls among blue chip banks pulled the FTSE 100 Index into negative territory today after warnings of a possible ratings downgrade for debt-laden Spain.

The threat of a ratings downgrade for Spain sent blue-chip banks lower today and dragged the FTSE 100 Index back from yesterday's two-and-a-half-year high.

Better-than-expected results from US investment banking giant JP Morgan failed to inspire the London market today as the FTSE 100 Index stuck close to its opening mark.