Superdry issues profits warning amid high street downturn
Shares plunge as mild weather and weak consumer spending hit fashion firmSuperdry shares slumped by more than 30% on Wednesday after it issued a severe profit warning blamed on continued warm weather and weak consumer spending.The collapse in profits will give more credence to the campaign of co-founder Julian Dunkerton to return to a leadership role at the business. The shares have lost 80% of their value this year.Maplin, Toys R Us and Jacques Vert have all collapsed in recent months, but seve
Read more »