Superdry Share News (SDRY)

PRESS: M&G drops challenge to Superdry's rescue plan — Sky News

(Alliance News) - The landlord of Superdry PLC's flagship store will not formally seek to block a restructuring plan, which could have sent the ailing retailer on path for a four-week sale process.

Superdry planning potential emergency sale process - report

(Sharecast News) - Superdry is reportedly preparing to run an emergency four-week sale process if creditors block its founder's plans to inject up to £10m of his own money into the fashion chain in a bid to stave off insolvency.

PRESS: Superdry could face emergency sale if restructuring is blocked

(Alliance News) - Shares in Superdry PLC fell after Sky News reported the ailing retailer could be forced into an emergency sale if creditor's block refinancing plans.

Superdry plans to go private as it kicks off rescue plan

Shares drop to record low of 5.19 pence

*

Superdry to quit stock market in far-reaching restructuring

(Sharecast News) - Superdry is to delist from the London Stock Exchange as part of a far-reaching restructuring plan, the struggling retailer confirmed on Tuesday.

TOP NEWS: Superdry to leave London Stock Exchange amid restructuring

(Alliance News) - Superdry PLC on Tuesday said that it intends to delist from the London Stock Exchange, and will conduct an equity raise to provide liquidity headroom, amid ongoing cash problems.

LONDON BRIEFING: DS Smith backs International Paper takeover

(Alliance News) - London's FTSE 100 has been called to open lower on Tuesday, following declines for Asian equities and a sizeable drop for US tech shares overnight.

IN BRIEF: Superdry confirms "restructuring plan" is in the works

Superdry PLC - Cheltenham, England-based clothing retailer - Issues response to "media speculation regarding the possible implementation of a restructuring plan". Confirms that it is currently "in the advanced stages of preparing a restructuring plan", which it expects to launch "in the coming days". Notes however that there is no certainty that any such plan will be implemented. Company previously stated on January 29 that it was "working with advisors to explore the feasibility of various material cost saving options to help position the business for long-term success". It had explored the possibility of Chief Executive Officer Julian Dunkerton launching a takeover offer, but said on April 2 that this was "unlikely to deliver an outcome" that could "be executed in the context of the company's ongoing work on its turnaround plan and material cost saving options".

London stocks fall as Middle East tensions weigh

Superdry falls on restructuring plan

*

London stocks dip in global risk off mood; commodity-linked stocks jump

FTSE 100 down 0.2%, FTSE 250 adds 0.9%

*

European stocks dragged down by healthcare; German inflation data in focus

German inflation eases to almost 3-year low

*

Superdry tanks as CEO decides against rescue bid

(Sharecast News) - Shares in Superdry tanked by more than half on Tuesday after the struggling fashion retailer revealed that chief executive Julian Dunkerton had decided against making an offer for company.

Superdry CEO Dunkerton decides against offer for struggling firm

(Alliance News) - Superdry PLC on Thursday said a takeover offer from Chief Executive Officer Julian Dunkerton is unlikely, but he remains committed to the company.

PRESS: Struggling Superdry in talks for GBP10 million loan - Sky

(Alliance News) - Sky News on Monday reported that Superdry is in talks with Hilco for a new GBP10 million borrowing facility.

Superdry negotiating £10m loan with Hilco - report

(Sharecast News) - Struggling fashion retailer Superdry, which is in talks to be taken private by its founder, is reportedly negotiating an additional multimillion-pound loan with one of its existing lenders.