Skip to main content
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.

ADVERTISEMENT

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.

Adidas Prepares for Samba Slump

As the German sportswear giant taps surging demand for its Samba and Gazelle sneakers, it’s also taking steps to spread its bets ahead of peak interest.


Op-Ed | The Rise of the Unwasteful Brand

A profitable, multi-trillion dollar fashion industry populated with brands that generate minimal economic and environmental waste is within our reach, argues Lawrence Lenihan.


Fashion’s Stalled Self-Checkout Revolution

RFID technology has made self-checkout far more efficient than traditional scanning kiosks at retailers like Zara and Uniqlo, but the industry at large hesitates to fully embrace the innovation over concerns of theft and customer engagement.


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
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024