By Michael Susin Superdry, the British clothing brand, has warned that its full-year performance is expected to suffer due to persistently challenging market conditions. This follows a drop in revenue for the first half of fiscal 2024 and news of the company's chief financial officer stepping down. Despite a 0.7% increase in shares to 17.0 pence at 0826, Superdry continues to … [Read more...] about Superdry Expects Full-Year Performance to be Impacted by Challenging Market Conditions
Superdry
Superdry Explores Cost-Saving Options
Superdry has confirmed that it is currently working on plans to potentially undergo a company voluntary arrangement or restructuring plan. The popular clothing retailer aims to explore various cost-saving options to improve its financial situation. The implementation of insolvency mechanisms could potentially result in the closure of underperforming stores and the negotiation … [Read more...] about Superdry Explores Cost-Saving Options
