Superdry raises £12m to fund turnaround plan

// Superdry raises £12m via share sale and retail offer
// The struggling retailer is using the proceeds to fund its turnaround planSuperdry has completed its £12m equity raise to help fund its turnaround plan.
The struggling retailer raised £11.1m through the sale of new shares and £0.9m via a retail offer on Wednesday.
The retailer issued 15.7m new shares, equating to 19.1% of the company’s equity, and the placing was backed by existing and new investors.Subs