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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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Footasylum shares drop on profit warning

Footasylum has experienced a drop in shares after a full-year profit warning, despite reporting a 18.5 percent rise in sales to 98.6 million pounds for the six months to 25 August. The UK retailer said it now expects full-year underlying earnings to fall at the lower end of its forecasts, following steep discounting over the festive season. The...