New funding will help Superdry restructure

09/08/2023
New funding will help Superdry restructure

Clothing brand Superdry has agreed financing of up to £25 million with London-based restructuring and refinancing firm Hilco Capital.

It said the arrangement would help it implement a turnaround plan and cost-reduction programme.

The facility with Hilco is for a 12-month term, with the option to extend.