Article 6KS6A Superdry shares fall after CEO rules out making takeover offer

Superdry shares fall after CEO rules out making takeover offer

by
Jack Simpson and Sarah Butler
from World news | The Guardian on (#6KS6A)

Struggling retailer announced decision by Julian Dunkerton after markets closed on Thursday

Superdry's share price has been almost cut in half after its chief executive decided against making an offer for the struggling fashion retailer.

The company announced after markets closed on Thursday that Julian Dunkerton, the founder and chief executive of Superdry, had opted against a takeover after a two-month pursuit.

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