Superdry has been sharing plenty of information recently about its ambitious plans for India, and it now seems that as well as new stores, it will be focusing on multichannel retail with an Indian website due soon.
Debenhams’ claim that it now has the set-up and cash to push forward with its recovery plan may come with a few caveats on news that the retailer could be seeking a £50 million cash buffer before the end of the year.
Superdry's full-year figures were bad, as expected, but the company said its "reset year" is starting to yield results as its shifts from a buyer-led approach, boosts web sales, increases marketing and reinvents itself.
Superdry has appointed former finance heads of M&S and New Look to its board, months after the retailer's founder Julian Dunkerton rejoined after a bruising boardroom battle that saw most of its directors leave.
British fashion retailer Superdry Plc delayed the publication of its annual results to July 10, blaming the "complexity" of reflecting one time lease and store impairment charges, coupled with recent management changes.
Outdoor gear specialist Mountain Warehouse is continuing to grow and has just reported its 22nd consecutive year of rising sales as the company's store expansion programme delivers rewards in all geographies.