UK's Superdry at record low on report PwC hired to explore debt options

Superdry

16/01/2024 15:17

** Shares in Superdry Plc  SDRY.L  down as much as 14.2% to
record low of 25.3p - stock top loser on FTSE small caps index
 .FTSC 
    ** The British fashion retailer has drafted in PwC to
examine further debt-raising options, according to Sky News
report 
    ** Superdry declined to comment on the report 
    ** Report comes weeks after SDRY issued a profit warning as
unusually warm weather hurt sales of its autumn/winter
collection and consumers curb spending amid a cost-of-living
squeeze
    ** Stock has lost more than 80% of its value in the last 12
months




 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))