Co-founder Julian Dunkerton ended takeover talks for Superdry, securing a loan extension and increase from Hilco Capital.

Co-founder Julian Dunkerton ended talks for a takeover of troubled fashion brand Superdry, as the board concluded the offer would not deliver the best outcome for shareholders. Superdry secured a loan extension and increase from Hilco Capital, providing financial headroom for its turnaround plan. Dunkerton and Superdry continue discussions on alternative structures, including a possible equity raise underwritten by him.

March 28, 2024
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