Superdry to quit stock market in far-reaching restructuring

16th Apr 2024 09:37

(Sharecast News) - Superdry is to delist from the London Stock Exchange as part of a far-reaching restructuring plan, the struggling retailer confirmed on Tuesday.

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Superdry tanks as CEO decides against rescue bid

2nd Apr 2024 14:09

(Sharecast News) - Shares in Superdry tanked by more than half on Tuesday after the struggling fashion retailer revealed that chief executive Julian Dunkerton had decided against making an offer for company.

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Superdry negotiating £10m loan with Hilco - report

11th Mar 2024 12:01

(Sharecast News) - Struggling fashion retailer Superdry, which is in talks to be taken private by its founder, is reportedly negotiating an additional multimillion-pound loan with one of its existing lenders.

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Deadline for Superdry takeover bid extended

1st Mar 2024 09:16

(Sharecast News) - Superdry said on Friday that the Takeover Panel has agreed to extend the "put up or shut up" deadline for co-founder and chief executive Julian Dunkerton to either announce a firm intention to make an offer for the company or walk away.

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London close: Stocks finish lower on fresh China concerns

20th Feb 2024 15:29

(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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London midday: Stocks mixed after China makes bigger rate cut

20th Feb 2024 11:20

(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.

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Superdry's Dunkerton in talks with US investor about bid - report

20th Feb 2024 08:10

(Sharecast News) - Prominent US investor Davidson Kempner is reportedly among the parties being courted by Superdry's founder as he assembles an offer to take the struggling fashion chain private.

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London close: Stocks mixed as US payrolls come in red-hot

2nd Feb 2024 16:59

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

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Superdry surges as First Seagull takes 5.3% stake

2nd Feb 2024 09:17

(Sharecast News) - Superdry shares rocketed on Friday after it said chief executive Julian Dunkerton is considering making an offer for the fashion brand and is currently in talks with potential sources of finance.

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London close: Stocks turn weaker ahead of busy week for earnings

29th Jan 2024 17:25

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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Superdry working with advisers on cost-saving options

29th Jan 2024 07:47

(Sharecast News) - Superdry said on Monday that it is working with advisers on cost-saving options.

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London close: Stocks finish higher as US inflation cools

26th Jan 2024 16:21

(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.

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Superdry woes continue as H1 sales drop, CFO exits

26th Jan 2024 07:33

(Sharecast News) - Superdry has reported a substantial reduction in group sales in the first half and said that there was no let up in the "challenging" trading conditions over Christmas as it painted a gloomy outlook for the full financial year.

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Superdry enlists PwC to review debt options - report

16th Jan 2024 14:05

(Sharecast News) - Superdry shares tumbled on Tuesday following a report the fashion retailer has enlisted one of the big four accountancy firms to advise on its finances in the wake of a pre-Christmas profit warning.

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London close: Stocks manage gains amid holiday slowdown

19th Dec 2023 15:02

(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.

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