Superdry considers store closures as part of cost-cutting plan
by Jasper Jolly from World news | The Guardian on (#6J72G)
Struggling fashion retailer looking at options including job cuts after reporting slide in sales
Superdry has confirmed it is considering a significant round of cost cutting as the struggling fashion retailer contends with slumping sales.
The British brand is drawing up plans for potential store closures and job cuts after it reported last week that sales dropped by nearly a quarter in the six months to October. The delayed results were accompanied by the appointment of a new finance boss, the fifth in five years.
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