‘Speed is of the essence’ for Superdry as it mulls equity raise

Super Dry flag on Regent Street

Superdry said in a statement that it is considering an equity raise of up to 20% to “further strengthen its balance sheet”, which is “fully supported” by boss Julian Dunkerton. 

The fashion retailer said it had withdrawn its previous full-year profit guidance of “broadly breakeven” and now expects full-year revenue to be between £615m and £635m.

 

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