Trading in the company's shares was halted yesterday morning after they fell 25% to just over 5p, a record low, valuing it at about £6m. At its peak in early 2018, Superdry was worth £1.7bn.
The struggling British fashion retailer, once the hottest fashion label on the high street and known for its hoodies and jackets, announced the shake-up a fortnight after Dunkerton decided against making a takeover offer with partners.
Superdry hopes the measures will return the business to a "more stable footing" and warned that "unless the restructuring plan comes into effect, it will need to enter administration".
Denne historien er fra April 17, 2024-utgaven av The Guardian.
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Denne historien er fra April 17, 2024-utgaven av The Guardian.
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