Superdry soars on studies US agency is trying to purchase the style chain
Troubles: Fashion chain Superdry employs about 3,350 folks the world over
Shares in Superdry surged greater than 17 per cent after studies {that a} US investor is in talks a couple of deal to purchase the troubled vogue chain.
New York funding administration agency Davidson Kempner is in discussions with Superdry co-founder and chief Julian Dunkerton over probably backing a deal to take the model personal, based on Sky News.
It is known that talks are at a ‘preliminary stage’ and there’s no assure of an settlement.
Superdry declined to remark. The enterprise, which employs about 3,350 folks the world over, runs 216 outlets alongside franchised shops.
About a month in the past, the enterprise mentioned it was taking a look at numerous ‘cost-saving options’ after studies it was contemplating a restructure. This may embrace retailer closures and job cuts.
Days later, the corporate confirmed that Dunkerton, who co-founded Superdry in 2003, was in talks over a doable takeover deal.
Dunkerton, who owns over 1 / 4 of the enterprise, has additionally reportedly held preliminary talks with funding companies Rcapital and Gordon Brothers.
