default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Superdry Moves to Refill Boardroom Seats After Founder Dispute

The retailer's founder Julian Dunkerton rejoined the board in April after a bruising boardroom battle, prompting most of its directors to leave.
Superdry | Source: Superdry
By
  • Reuters

LONDON, United Kingdom — Superdry has appointed former finance heads of M&S and New Look to its board, months after the UK fashion retailer's founder Julian Dunkerton rejoined after a bruising boardroom battle that saw most of its directors leave.

The company said Helen Weir will become senior independent director and Alastair Miller will be the chair of the audit committee.

"Since becoming Chairman in April it has been a priority of mine to restore the Board to full strength and these appointments are a big step in that direction," said Chairman Peter Williams.

Superdry had warned in May of a shortfall in annual profits after Dunkerton began aggressive moves to reform how the British fashion retailer was run.

It delayed the publication of annual results to July 10, blaming the "complexity" of reflecting one-time lease and store impairment charges, coupled with recent management changes.

Superdry is still looking for a permanent chief executive and two non-executive directors.

The company, whose trademark jackets, hooded tops and jogging bottoms are popular with young people, appointed retail industry veteran Nick Gresham as interim chief financial officer in May.

By Tanishaa Nadkar and Noor Zainab Hussain; editor: Arun Koyyur.

In This Article
Topics
Organisations

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail
Analysis and advice from the front lines of the retail transformation.


While GU, with slightly lower prices than Uniqlo and clothes aimed at younger clientele, has a solid presence in Japan, it’s less known in other major markets. Building its presence abroad is part of Fast Retailing founder Tadashi Yanai’s push to “become a true global player,” by first doubling annual profit to ¥5 trillion within a few years.



view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional Summit - New Frontiers: AI, Digital Culture and Virtual Worlds - March 22, 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional Summit - New Frontiers: AI, Digital Culture and Virtual Worlds - March 22, 2024