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HomeAccesoriesUK retailer Superdry's CFO resigns, half-year losses widen, Retail News, ET Retail

UK retailer Superdry’s CFO resigns, half-year losses widen, Retail News, ET Retail


Britain‘s Superdry said Chief Financial Officer Shaun Wills will step down at the end of March, while the struggling fashion retailer reported a wider half-yearly loss on Friday as unusual weather snubbed sales amid a cost-of-living crisis.

The retailer named Giles David as its interim CFO, effective Jan. 29.

The London-listed company recorded an adjusted loss before tax for the six-month period ended Oct. 28 of 25.3 million pounds ($32.1 million) from 13.6 million pounds logged last year.

  • Published On Jan 26, 2024 at 01:52 PM IST

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