Superdry warns on profits; cites challenging environment, warm weather

19th Dec 2023 07:28

(Sharecast News) - Clothing retailer Superdry issued a profit warning on Tuesday as it said it was hit by a challenging trading environment and warm weather.

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Superdry strikes joint venture deal with India's Reliance, shares soar

4th Oct 2023 09:42

(Sharecast News) - Superdry said on Wednesday that it has struck a £40m partnership deal with India's Reliance Brands, sending shares in the struggling fashion retailer sharply higher.

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Superdry shares hit record low as stock trading resumes

4th Sep 2023 13:55

(Sharecast News) - Shares in high street retailer Superdry tumbled to a record low on Monday after the stock resumed trading on the London Stock Exchange following a suspension owing to the delayed publication of its full-year results.

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Superdry shares suspended as full-year results delayed

30th Aug 2023 07:44

(Sharecast News) - Fashion retailer Superdry announced on Wednesday that its full-year results aren't ready, meaning that shares have had to be temporarily suspended from trade in London.

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Superdry raises 12m gbp to finance strategic restructuring

3rd May 2023 09:39

(Sharecast News) - Superdry shares were under pressure on Wednesday after the company went cap in hand to investors to raise fresh funds to finance its turnaround.

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Superdry in 'positive' talks with investors about 20% equity raise

2nd May 2023 08:14

(Sharecast News) - Fashion retailer Superdry confirmed on Tuesday that it is in "positive" discussions with certain institutional and other investors about a proposed equity fundraising of up to around 20%.

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Superdry withdraws 'broadly breakeven' profit guidance

14th Apr 2023 07:19

(Sharecast News) - Fashion retailer Superdry withdrew its "broadly breakeven" full-year profit guidance on Friday as it pointed to a challenging trading environment and disappointing retail sales in February and March, and confirmed it is considering a capital raise.

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Liberum reiterates 'buy' rating on Superdry following 'phenomenal deal'

22nd Mar 2023 14:14

(Sharecast News) - Analysts at Liberum reiterated their 'buy' rating and 500.0p target price on clothing retailer Superdry following a "phenomenal deal" that it believes realises "great value" for shareholders.

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Superdry to sell Asia Pacific IP assets to Cowell for $50m

22nd Mar 2023 07:35

(Sharecast News) - Fashion brand Superdry said on Wednesday that it has agreed to sell its intellectual property assets in certain countries within Asia Pacific to South Korea's Cowell Fashion Company for an upfront fee of $50m in cash.

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Superdry drafts in Interpath Advisory to help with cost-cutting

10th Mar 2023 15:57

(Sharecast News) - Fashion retailer Superdry has reportedly drafted in a leading firm of City advisers to help it cut costs after a string of profit warnings.

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Dunkerton says no plans 'at the moment' to take Superdry private

2nd Feb 2023 07:51

(Sharecast News) - Superdry's founder and chief executive, Julian Dunkerton, said on Thursday that there are currently no plans to take the company private.

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Superdry downgrades FY profit forecast to breakeven

27th Jan 2023 07:17

(Sharecast News) - Fashion brand Superdry cut its full-year profit outlook on Friday, citing underperformance of its wholesale segment and increasing uncertainty over the fourth quarter.

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RBC Capital downgrades Superdry to 'sector perform'

10th Jan 2023 09:04

(Sharecast News) - RBC Capital Markets downgraded Superdry on Tuesday to 'sector perform' from 'outperform', saying the shares are now "more fairly valued".

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Superdry secures new £80m loan facility; revenues rise

22nd Dec 2022 15:07

(Sharecast News) - Superdry surged on Thursday as the fashion retailer reported a jump in revenues and said it had secured a new £80m financing facility.

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Superdry founder said to have held buyout discussions with private equity firms

12th Dec 2022 09:01

(Sharecast News) - Clothing company Superdry's founder Julian Dunkerton has allegedly held discussions with private equity firms surrounding a potential buyout.

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