Gloucestershire retailer is considering a major restructuring as it battles for survival according to widespread reports.
The retailer has been hit by rising debts and a slump in sale and this week announced a 35 per cent slump in sales and the departure of its chief finance officer.
According to reports the Cheltenham firm is considering a radical restructuring which would involve store closures and job cuts.
Sky News is reporting that Superdry and its advisers at PwC are working on plans that could lead to a company voluntary arrangement (CVA) or restructuring plan.
Currently the company employs 3,350 staff and has more than 215 stores.
Founded by Julian Dunkerton, the chain has endured a torrid few years punctuated by capital-raisin…
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