Superdry confirms restructuring plan as it seeks rent reductions

Superdry has pinned its revival hopes on gaining rent reductions across 39 UK stores, an equity raise underwritten by founder Julian Dunkerton, and delisting from the stock market.
The fashion retailer confirmed its restructuring plan this morning, which is intended to help Superdry “deliver its new, more financially sustainable, target operating model”.
The restructuring is a formal procedure under the Companies Act for companies in financial difficulties. The retailer said unless t