Gatemore Capital Management, a US hedge fund firm, has acquired a 3 per cent stake in Superdry. The firm says that is supportive of Superdry founder & CEO Julian Dunkerton and his vision to transform the business.
Gatemore managing partner Liad Meidar said: “Superdry has shown strong resilience in recent months, and we are confident the business is poised to benefit from the trend towards casualwear which has been accelerated by Covid-19. We are fully supportive of Julian’s vision for the company, including returning the brand to its design-led roots and Superdry’s strong commitment to sustainability.”
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