Fashion retailer’s shares fall after sales drop 27% in 11 weeks covering Christmas period
Superdry shares have fallen sharply after the fashion brand issued a going concern warning, although the company’s founder insisted the business would survive the turmoil caused by the pandemic.
The company’s shares closed down 16% after the uncertainty hanging over the business’s future was compounded by a gloomy financial picture of widening losses and a steep decline in sales over the key Christmas weeks.
