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Superdry Shares News & Articles

Superdry swings into the red and slashes dividend as Dunkerton presses reset button

Shares in British fashion brand Superdry (SDRY) cheapened 3.6% to 431.5p as the Cheltenham-based retailer swung to a full year loss, slashed its dividend and issued a downbeat near-term outlook. Founder and interim chief executive officer Julian Dunkerton (pictured below) pledged to return the retailer to its ‘design-led roots’ and get the retail basics right, yet he views 2020 as a ‘year ...

Market report: Superdry bruised as board walks out, warning from Photo-Me, CMC squeezed by new rules

The ramifications at fashion chain Superdry (SDRY) continue in early trade on Wednesday as investors mull the impact of yesterday’s narrowly supported return of founder Julian Dunkerton. Shareholders voted for the charismatic clothing entrepreneur to take a place back on the board by the thinnest of margins, getting 50.75% of votes to back his bid to return. But that has led to more ...

He’s back – Dunkerton wins heated Superdry boardroom battle (by the narrowest of margins)

Charismatic clothing entrepreneur Julian Dunkerton has succeeded in his bid to wrest back control of embattled fashion brand Superdry (SDRY). Dunkerton will now look to arrest the steep trading decline at the jackets-to-sweatshirts seller that has been his life’s work, while the incumbent CEO Euan Sutherland is sure to be shown the door. READ MORE ABOUT SUPERDRY HERE Superdry’s ...

Market report: Brexit, Bonmarche, Wizz Air in focus as Asda over takes Sainsbury in supermarket sales battle

Brexit headlines dominate the news agenda in an otherwise very quiet day for company news on the stock market on Tuesday. This follows politician’s failure again last night to come to any sort of consensus over the best way forward for the UK. That puts the pound under more pressure early on Tuesday with Sterling losing ground against both the euro and dollar. But UK stock markets remain ...

Market report: Next rallies on ‘in line’ Christmas sales but still cuts guidance as Apple issues profits shock

High street fashion chain Next (NXT) gets the eagerly awaited Christmas reporting season underway as it reports festive sales as expected but still lowers full year guidance. The UK retail sector has been under a cloud for weeks with investors anticipating a gloomy run-in to Christmas as consumers flex their muscles over discounts and on line bargains. Yet Next has survived the worst of the ...
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