Superdry Archives

Envision Racing and Superdry co-promote fashion sustainability initiative

July 31, 2024 mpsingh No Comments Beauty copromote, Envision, fashion, Initiative, Racing, Superdry, sustainability

We know that motor racing and fashion have developed strong associations, but for a change this is a collaboration that’s more about sustainability than a pure product promotion. Envision Racing x Superdry In conjunction with fashion brand Superdry, FIA Formula E team Envision Racing is urging fans “to consider the environmental impact of their fashion [...]read moreEnvision Racing and Superdry co-promote fashion sustainability initiative

Superdry enters new era with stock exchange exit and fragrance entry

July 15, 2024 mpsingh No Comments Business enters, Entry, Era, Exchange, exit, fragrance, Stock, Superdry

Much of the ‘noise’ around Superdry in recent periods has been its ongoing restructuring process. But with that reaching a major milestone as of Monday, the company is ready to move on and its first key move is a major fragrance duo launch. First, that milestone. Superdry said on Friday that its delisting from the [...]read moreSuperdry enters new era with stock exchange exit and fragrance entry

Superdry gets court seal of approval for recovery plan, names tech chief

June 18, 2024 mpsingh No Comments Business approval, chief, Court, Names, Plan, recovery, Seal, Superdry, tech

First creditors voted to approve its plans, then shareholders, and now the UK courts have said yes to Superdry’s plan to avoid administration and (hopefully) kick-start its turnaround. Superdry- Facebook The company has announced the result of the hearing for the restructuring plan, which has now been sanctioned so can proceed as hoped. It means [...]read moreSuperdry gets court seal of approval for recovery plan, names tech chief

After creditor approval, now Superdry shareholders say yes to rescue plan

June 14, 2024 mpsingh No Comments Business approval, creditor, Plan, rescue, shareholders, Superdry

Earlier this week we heard that Superdry creditors had approved the parts of its rescue plan that were relevant to them and on Friday the company announced that its shareholders have given the plan the thumbs up as well. Superdry It now looks like the struggling company is moving forward with its turnaround programme that [...]read moreAfter creditor approval, now Superdry shareholders say yes to rescue plan

Superdry restructuring plan gets creditor thumbs-up

June 12, 2024 mpsingh No Comments Business creditor, Plan, Restructuring, Superdry, thumbsup

A relieved Superdry announced in a stock exchange release on Tuesday that it had got overwhelming approval from creditors for its plan that will see it implementing a restructuring of its UK property estate and retail cost base. Superdry It said it was “pleased to announce that there was a high level of turnout at [...]read moreSuperdry restructuring plan gets creditor thumbs-up

Superdry reveals radical restructuring plan

May 22, 2024 mpsingh No Comments Business Plan, radical, Restructuring, Reveals, Superdry

Under-pressure Superdry has released its restructuring plan for which it hopes to get shareholder support next month to stave off administration and — reportedly — a potential sale. Superdry The plan comes along with a targeted equity raise of up to £10 million and a delisting from the London Stock Exchange. The company said the [...]read moreSuperdry reveals radical restructuring plan

Superdry said to be planning auction if rescue plan blocked

May 21, 2024 mpsingh No Comments Business Auction, blocked, Plan, planning, rescue, Superdry

If Superdry doesn’t get its rescue plan approved by creditors, it could run a four-week auction process, a report claimed on Tuesday. Pacific Premium Outlets- Facebook It could run the emergency sale if, in a few weeks’ time, creditors block the recovery plan that entails founder Julian Dunketon pumping up to £10 million of his [...]read moreSuperdry said to be planning auction if rescue plan blocked

Radical Superdry survival plan is unveiled, aims to avoid administration

April 16, 2024 mpsingh No Comments Business administration, aims, avoid, Plan, radical, Superdry, survival, unveiled

It may not come as a surprise after news was leaked on Monday, but on Tuesday morning Superdry unveiled its new proposals for a restructuring, plus plans for an equity raise and to delist from the stock exchange. Superdry If its plans aren’t voted through, it said it will need to enter administration. The plans [...]read moreRadical Superdry survival plan is unveiled, aims to avoid administration

Superdry prepares to publish restructuring plan, Sky News reports

April 15, 2024 mpsingh No Comments Beauty News, Plan, prepares, publish, reports, Restructuring, sky, Superdry

By Reuters API Published Apr 15, 2024 Struggling British fashion chain Superdry is in the advanced stages of preparing a restructuring plan that is expected to launch in the coming days, the company said on Monday. There is no certainty that the plan will be implemented, it added, without giving further details. The announcement follows [...]read moreSuperdry prepares to publish restructuring plan, Sky News reports

Superdry CEO Dunkerton will not bid for fashion chain

March 29, 2024 mpsingh No Comments Business Bid, CEO, chain, Dunkerton, fashion, Superdry

By Reuters API Published Mar 29, 2024 Superdry CEO and top shareholder Julian Dunkerton will not be making an offer for the company, the parties said on Thursday, and the struggling British fashion chain also snagged an extension to a loan facility to help its turnaround plans. Reuters Dunkerton, who holds a 26% stake in [...]read moreSuperdry CEO Dunkerton will not bid for fashion chain