Superdry launches £12m share sale as COO steps down

// Superdry looks to raise £12m via share sale
// The struggling retailer’s CEO has agreed to underwrite the equity raise in its entiretySuperdry has confirmed it is to sell £12m worth of shares in a bid to strengthen its balance sheet as it emerged that its COO has stepped down.
The struggling fashion retailer will issue 15.7m new ordinary shares at 76.3p each, equating to 19.1% of its equity.
Co-founder and chief executive Julian Dunkerton, who owns a 25% stake in the bu