Superdry, the London-listed fashion retailer, is facing a challenging period with widening losses reported after Christmas sales failed to boost performance. The company is considering a radical restructuring plan that could include a significant number of store closures and job cuts. In light of the continued sales slump, Superdry may have to initiate a clearance sale in a desperate attempt to generate cash. The retailer has issued a warning to shoppers, indicating 'there is no certainty' regarding the future.
Superdry issues warning to shoppers and says 'there is no certainty' https://t.co/9Em2bMT2E8
Superdry considers store closures as part of cost-cutting plan https://t.co/aBnooQ98vS
Superdry, the London-listed clothing retailer, is weighing a radical restructuring that could involve significant numbers of store closures and job cuts after reporting weak sales Read more🔗 https://t.co/LCrZs0mul4
Superdry weighs restructuring as sales slump continues Read more🔗 https://t.co/Om7Rf1WiXe
Superdry may have to put on clearance sale in desperate dash for cash https://t.co/RTBz0NocHp
Superdry reports widening losses after Christmas sales failed to revive performance at the struggling fashion retailer https://t.co/NLrWPt6NuH