10-08-2020 09:26 via retailgazette.co.uk

Superdry secures £70m financial deal as coronavirus sends sales plunging

// Superdry secures £70m financing deal to ride out coronavirus crisis
// In the quarter ending July 25, sales did not decline as much as feared – total sales down 24.1%
// Store sales down 58.1%, like-for-likes down 32.3% but online sales surged 93.2%Superdry has welcomed a new £70 million financing deal with its banks to help it through the coronvirus crisis as it revealed that stores sales continue to tumble.
The fashion retailer said its performance in the three months to J
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