Highstreet fashion brand Superdry is calling on its shareholders to reject a bid by co-founder Julian Dunkerton to regain his seat on the brand’s Board of Directors, which it says would be “extremely damaging”.
The former CEO, who founded the firm in 2003 with business partner James Holder, demanded that the Board held a meeting in London on 2 April to discuss its future, following a period of instability in which it lost a significant market share. Superdry has since posted profit warnings.
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