Julian Dunkerton news and archive

Superdry CEO says Shein is being allowed to ‘dodge tax’

Julian Dunkerton, the chief executive officer of Superdry, has said that Chinese fast fashion giant Shein is being allowed to “dodge tax”, and is thus calling on the UK government to take action. Speaking to the Today Programme on Radio 4, and later reported on by the BBC, Dunkerton said the UK Treasury would do well to get rid of a “loophole”...

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Superdry boss Julian Dunkerton reportedly mulling buyout

The founder and CEO of Superdry is reportedly considering selling the business after its share price has plummeted in the past year. Julian Dunkerton, who currently owns 23.9 percent of the business, has held talks this year with private equity firms regarding a potential sale, according to a report by The Times. However, one source said there...

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Superdry founder Julian Dunkerton named as permanent CEO

Superdry has confirmed Julian Dunkerton will remain CEO until April 2021 as he moves forward with plans to turn the company around with “a focus on its design-led roots and strengthening the retail basics.” In April, Dunkerton returned as interim-CEO of the company he founded after narrowly winning a vote by shareholders. The move resulted in...

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Superdry interim CFO to take on role permanently

Superdry has named Nick Gresham as the brand’s permanent chief financial officer. The retail veteran was appointed interim CFO back in May, succeeding Ed Barker who resigned, along with most of the company’s board, following the successful return of founder Julian Dunkerton. “Nick has made a great impact since joining Superdry in an interim...

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Superdry reports 85 million pound loss following difficult year

Superdry has reported a pre-tax loss of 85 million pounds in what has been a turbulent year for the British fashion retailer. For the year ending 27 April, the company made a full-year statutory loss before tax of 85.4 million pounds, compared to a prior year profit of 65.3 million pounds. Total group revenue was flat at 871.7 million pounds,...

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Superdry delays full-year results following profit warning

UK high street retailer Superdry has announced it will be pushing back publication of its full-year results from the planned date of Thursday 4 July to Wednesday 10 July. The news comes following a profit warning released by the company in May. Perhaps unsurprisingly considering the turbulent year the retailer has had, it announced full-year...

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Superdry appoints new interim CFO

Superdry has announced the appointment of Nick Gresham as the company’s interim chief financial officer. Starting his new role on 3 June, Gresham will succeed Ed Barker, who is currently serving out his notice period after resigning on 2 April 2019. The move marks the first major hire since founder Julian Dunkerton’s successful return to the...

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Superdry issues profit warning as Dunkerton begins turnaround plan

Superdry warned on Thursday that its full year profits will come in below market expectations as co-founder Julian Dunkerton begins his attempt to turn the company around following his successful return to the board in April. For the 13-week period to 27 April 2019, overall revenue dropped by 4.5 percent to 187.8 million pounds, with the company...

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Mass resignations at Superdry board following Julian Dunkerton comeback

Superdry’s CEO Euan Sutherland, chairman Peter Bamford, chief financial officer Ed Barker, and chairman of the remuneration committee Penny Hughes have all resigned from the company’s board with immediate effect following the successful comeback of co-founder Julian Dunkerton. In a company meeting held at the request of Dunkerton, shareholders...

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Superdry co-founder Julian Dunkerton wins vote to return to board

Superdry co-founder Julian Dunkerton has narrowly won a vote by the company’s shareholders to reinstall him onto the retailer’s board. Dunkerton, who remains the company's biggest shareholder with a stake of over 18 percent, received 50.75 percent of the proxy votes ahead of a company meeting to decide whether he should be reappointed to the...

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What to expect in fashion news from week 14, 2019

What’s going on in the world of fashion this week? FashionUnited takes a look ahead at the upcoming news and events for the 14th week of the year. Below are the main points from the editorial agenda in the period between 1-7 April, 2019. Shanghai Fashion Week (27 March-3 April) The biannual Shanghai Fashion Week is back to showcase the newest AW...

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Superdry co-founder Julian Dunkerton urges shareholders to vote him back to board

Superdry co-founder Julian Dunkerton has urged shareholders in the company to vote him and Peter Williams to the board, pledging not to sell his shares in the company for at least two years if they do. In a letter to shareholders, Dunkerton said he plans to return the company to profitable revenue growth, restore double-digit EBIT margins and...