Superdry boss Julian Dunkerton cheers a 'turning point' after £10m rescue plan approved
Shares in the High Street fashion chain sky-rocketed 86.3 per cent after it reassured investors it would not go bust.
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Shares in the High Street fashion chain sky-rocketed 86.3 per cent after it reassured investors it would not go bust.
Superdry appoints ex-Helly Hansen boss as chairman Superdry has appointed the former boss of Norwegian sportswear brand Helly Hansen as its new chairman. The retailer announced this morning that Peter Sjolander will join the board on 29 April, with current chairman Peter Williams stepping down on the same day after two years in the role. Sjolander, who was Helly Hansen’s chief executive from 2007 to 2015, is credited with expanding the Scandinavian brand to a global market. Superdry founder and chief executive Julian Dunkerton said: “Peter has a tremendous track record ...
26 April 2021 | 08:30am StockMarketWire.com - UK stocks opened lower on Monday as a strengthening pound put pressure on exporters, while rampant Covid-19 outbreaks in countries such as India and Brazil continued to temper global recovery hopes. Sentiment, however, was at least being partly bolstered by some earnings upgrades from local mid- and small-cap companies. At 0817, the benchmark FTSE 100 index was down 19.35 points, or 0.3%, at 6,919.21. Educational publishing and services group Pearson gained 2.1% to 817.4p as its first-quarter sales grew 5% year-on-year, underpinned by online learn...
26 April 2021 | 16:37pm StockMarketWire.com - After struggling for direction for much of the day the FTSE 100 strengthened this afternoon, bolstered by a decent open on Wall Street. By the close the index was up 0.35% at 6,963.12 with the S&P 500 in the US gaining 0.3% to 4,192.63 by 4.30pm UK time. Educational publishing and services group Pearson gained 3% to 824.8p as its first-quarter sales grew 5% year-on-year, underpinned by online learning. Pearson stuck to its previous annual guidance. Publishing and events group Informa rose 3.7% to 570.6p following news that it had joined up with pr...
FTSE 100 flat amid fears over worsening Covid situation in India