UK's Superdry launches restructuring plan and announces equity raise
16/04/2024 07:08
April 16 (Reuters) - Embattled British fashion retailer Superdry SDRY.L launched on Tuesday a turnaround plan that would involve the restructuring of its UK property estate and retail cost base, and an equity raise fully underwritten by its CEO and co-founder Julian Dunkerton. (Reporting by Eva Mathews and Anchal Rana in Bengaluru; Editing by Subhranshu Sahu)