Shares slump to all-time lowTakeover offer from founder Dunkerton unlikelyDiscounted rights issue on the cardsShares in beleaguered fashion chain Superdry (SDRY) slumped more than 50% to an all-time low of 14p today as investors finally got the chance to price in the barrage of bad news released after the market close on Thursday 28 March.Takeover hopes were dashed as the troubled jackets-to-hoodi

The pound recovered on Tuesday after the Bank of England?s Andrew Bailey discussed possible interest rate cuts, but stock prices still closed down in London.The FTSE 100 index closed down 9.29 points, 0.1%, at 7,719.21. The FTSE 250 ended down 107.27 points, 0.6%, at 19,109.63, and the AIM All-Share closed down 3.28 points, 0.4%, at 753.05.The Cboe UK 100 ended down 0.1% at 772.61, the Cboe UK 250

AG Barr (BAG) 550pGain to date: 13.5%We flagged Scottish soft drinks maker AG Barr (BAG) in August 2023 arguing the company was not being given sufficient credit by the market for its sales momentum. We highlighted the strength of its portfolio of brands including Irn-Bru and Rubicon.WHAT HAS HAPPENED TO SINCE WE SAID TO BUY?We were on the money when we flagged ?the scope for further upgrades? as

A rally in New York stocks on Friday has read across into stocks opening higher in London on Monday, following a strong US jobs report on Friday.The FTSE 100 index opened up 28.53 points, 0.4%, at 7,644.07. The FTSE 250 was up 39.08 points, 0.2%, at 19,211.72, and the AIM All-Share was up 0.90 of a point, 0.1%, at 755.07.The Cboe UK 100 was up 0.4% at 764.80, the Cboe UK 250 was up 0.3% at 16,672.

Profit guidance upgraded againBrands have positive momentumEuan Sutherland to succeed Roger WhiteOne of Shares running Great Ideas selections, Irn-Bru-to-Rubicon drinks maker AG Barr (BAG) served up another full-year profit upgrade which sent the shares up 1.5% to a 52-week high of 576p.The beverages business behind iconic Scottish tipple Irn-Bru as well as take home cocktail offering FUNKIN and c

It has been a dire start to 2024 for Superdry (SDRY), the Julian Dunkerton-steered fashion brand whose shares are down almost 50% year-to-date, extending one- and five-year losses to 86% and 96% respectively.The latest downward lurch reflects a pre-Christmas profit warning (19 December 2023) pinned on the challenging retail market and one of the warmest autumn seasons on record which persisted thr

The FTSE 100 was up at the open on Friday, beating other indices in early morning trade thanks to a boost from oil majors and positive data from the US.The FTSE 100 index opened up 59.70, up 0.8%, at 7,589.43. The FTSE 250 was down 15.69 points, 0.1%, at 19,207.41, and the AIM All-Share was down 0.52 of a point, 0.1%, at 747.58.The Cboe UK 100 was up 0.8% at 758.53, the Cboe UK 250 was slightly lo

Next kicks off festive reporting seasonScope for upbeat news from B&MPotential Christmas winners include CurrysRetail bellwether Next (NXT) kicks off the post-Christmas reporting season on 4 January followed by discounters B&M European Value Retail (BME) and Shoe Zone (SHOE:AIM) on 9 January.Investors will be eager to learn if the sector benefited from some last-minute festive shopping when all th

Nearly 4,500 UK retailers in ?critical? distressOnline-only players under pressureFailures likely as ?debt storm breaks?According to the latest Red Flag Alert data from Begbies Traynor (BEG:AIM), almost 4,500 UK retailers are now in ?critical financial distress? as poor consumer confidence, sticky inflation and higher interest rates force consumers to pull in their horns ahead of Christmas.New dat

As was widely anticipated the US Federal Reserve left interest rates unchanged on 13 December but accompanying commentary suggesting rates could be cut as much as 75 basis points in 2024 gave markets a big boost.Federal Reserve chair Jerome Powell said that the US central bank is 'not likely' to hike further and that it is 'very focused on not making the mistake of keeping rates too high for too l

Hard-pressed fashion retailer warns againLike-for-like sales down 7% in last six weeksCost-saving programme on trackEmbattled clothing and footwear retailer Superdry (SDRY) has disappointed the market yet again, warning trading has been ?significantly below? management expectations with full year profits to fall short of forecasts as a result.Shares in the hard-pressed hoodies, jackets and sweatsh

Tie-up to accelerate growth in IndiaSuperdry to receive £28.3 millionFunds to give turnaround a fighting chanceLong-suffering Superdry (SDRY) shareholders were given something to cheer about after the struggling fashion retailer secured itself some breathing space by signing a joint venture deal with India's biggest retailer, Reliance Brands.Superdry and Reliance will own 24% and 76% respectively

'Tough' start to the new yearFirst quarter sales down 18.4%CEO Dunkerton insists Superdry brand is in 'sound health'Struggling clothing and footwear retailer Superdry (SDRY) has reported a 'tough' start to its new financial year blighted by extreme weather across the UK and Europe and 'challenging and unpredictable' retail market conditions.The hard-pressed hoodies, jackets and sweatshirts seller

- Superdry needs to strengthen balance sheet- Founder Dunkerton to support fundraise- Shares down more than 30% year-to-dateEmbattled fashion brand Superdry's (SDRY) shares ticked up 0.75% to 86.75p after the lately-unloved clothing retailer confirmed it is in 'positive discussions' with investors over an equity raise of up to 20% of its share capital as the cash-strapped company seeks to strength

Shares in Superdry (SDRY) have slumped 47.3% over the past 12 months as investors price-in challenging high street conditions and the uncertain prospects of a successful turnaround.The latest sell-off in the stock followed the fashion retailer's withdrawal (14 April) of 'broadly breakeven' full year 2023 earnings guidance and news it is considering a dilutive equity raise to shore up the balance s

- Blames February and March retail sales- Possible capital raising- Cost-cutting drive of over £35 million plannedShares in Superdry (SDRY) fell 18% to 87.50p in mid-morning trading after the fashion retailer said it would struggle to 'breakeven' in 2023.Superdry shares have fallen 41% over the past year and shed 95% of their value since peaking at around the £19.30 mark in 2017, according to e

- Dunkerton increases Superdry stake- N Brown largest shareholder ups stake- Bango director sells shares to meet divorce settlementWhile squashing market rumours of plans to take embattled clothing and footwear retailer Superdry (SDRY) private, founder and chief executive Julian Dunkerton was busily topping up his shareholding.Between 31 January and 3 February, Dunkerton purchased 353,756 shares a

- Superdry boss denies buyout rumours- No take-private plans afoot ?at the moment?- Fashion retailer recently downgraded guidanceJulian Dunkerton, the founder and CEO of Superdry (SDRY), has dismissed rumours he is plotting to take the embattled clothing and footwear retailer private and delist it from the stock market despite a 40%-plus one year share price plunge.In a brief statement, Dunkerton

- Wholesale underperformance blights first half- Demand strengthened over Christmas- Full-year profit guidance cutShares in Superdry (SDRY) plunged 17% to 124p after the premium clothing and footwear brand lurched into loss for the first half and cut profit guidance for the year to April 2023 due to the underperformance of its wholesale business and 'increasing uncertainty' over the fourth quarter

- ASOS close to appointing restructuring advisors- M&Co collapses into administration- Julian Dunkerton in talks to take Superdry privateIt has been a dire year for shareholders in ASOS (ASC), with the online fashion retailer's equity slumping the best part of 80% on a flurry of downgrades.The shares fell a further 5.7% to 551.5p today on speculation the company is close to appointing restructurin