Previous close | 0.3650 |
Open | 0.3833 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 0.3650 - 0.3650 |
52-week range | 0.2350 - 3.6080 |
Volume | |
Avg. volume | 235 |
Market cap | 36.169M |
Beta (5Y monthly) | 2.11 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 19 Dec 2019 |
1y target est | N/A |
Julian Dunkerton stressed that he was still talking with the business about other methods of financially supporting the group.
Superdry CEO and top shareholder Julian Dunkerton will not be making an offer for the company, both parties said on Thursday, and the struggling British fashion chain said it reached an agreement to extend a loan facility to help its turnaround plans. Dunkerton, who holds a 26% stake in the company and is a co-founder, had been in talks with Superdry over several options, including a possible cash offer for the shares he does not already own. While a bid has been shelved for now, the company, known for jackets and clothing inspired by American vintage styles and Japanese graphics, said alternatives remain open as it works on cost-saving options to combat weak demand and a cash crunch over recent months.
Struggling high street retailer Superdry is reportedly in talks to tap one of its existing lenders for a £10m loan.