• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Gatemore Capital acquires 3.37% stake in UK's Superdry

25 Jul '20
1 min read
Pic: Superdry
Pic: Superdry

Gatemore Capital Management recently disclosed acquiring a 3.37 per cent stake UK fashion retailer Superdry PLC. “Superdry has shown strong resilience despite a challenging trading environment in recent months, and we are confident the business is poised to benefit from the trend towards casual wear, which has been accelerated by COVID-19,” Gatemore’s managing partner Liad Meidar said.

The activist investment firm said the faux-Japanese retailer is well positioned to benefit from changing consumer trends triggered by lockdowns.

SuperDry co-founder Julian Dunkerton, the company’s biggest shareholder, won a bitter six-month battle to rejoin the retailer in April 2019, which led to the resignation of the entire board in protest at his return. Since then, Dunkerton has launched a major overhaul of the retailer, refocusing on design and the brand’s identity and scrapping a planned children’s-wear range and a footwear licensing deal, according to British media reports.

Gatemore Capital also took a stake in Moss Bros last year before the retailer received a takeover bid earlier this year.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search