In the News

SuperDry may quit the London Stock Exchange in rescue plan

Graham Watson

16th April 2024

Business economics gold dust! SuperDry - the pseudo-Japanese, but actually founded in Cheltenham fashion company - is thinking of leaving the London Stock Exchange - and in doing so converting from a public limited company to a private limited company as it seeks to restructure and save money.

It is hoping to save cash - because listing as a public limited company does come with a variety of costs, and, I suspect, it will be pursuing a range of other strategies - seeking alternative sources of finance, as well as "improving its product ranges and reallocating marketing spend", highlighted in the article.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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