Home / Knowledge / News / Retail / Gatemore Capital acquires 3.37% stake in UK's Superdry

Gatemore Capital acquires 3.37% stake in UK's Superdry

25
Jul '20
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)


Must ReadView All

Pic: Shutterstock

Textiles | On 16th Jun 2021

EU, US agree to end 17-year dispute over aircraft subsidies

The EU and the US have agreed to end a 17-year dispute over aircraft...

Pic: Shutterstock

Textiles | On 16th Jun 2021

UK GDP grows 2.3% in April 2021; fastest since July 2020

As government restrictions affecting economic activity continued to...

Pic: Shutterstock

Textiles | On 16th Jun 2021

Prime Content| Global fabric trade to recover moderately in 2021: TexPro

Global fabric exports are expected to recover moderately in 2021 as...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

There was a certain switch, but it was not 100% pandemic related

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search