×
232
Fashion Jobs
MIRRAW.COM
Production Manager | Mirraw
Permanent · MUMBAI
LIFESTYLE BRANDS
Senior Executive - Accounts - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Area Manager-Projects Execution (Telangana &Amp; Andra Pradesh)-Hyderabad
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Financial Manager - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Training Manager, Planet Fashion - Bangalore
Permanent · BENGALURU
RJCUBE STAFFING SOLUTIONS PVT LTD
General Manager/vp - Export Marketing For Terry Towel Products, Noida
Permanent · Noida
HECTOR AND STREAK CONSULTING PVT LTD
Assistant Manager Production - Textile,Fabrics,Plastic,
Permanent · NASHIK
HECTOR AND STREAK CONSULTING PVT LTD
Manager Accounts - For a Manufacturing Company in Mumbai
Permanent · Mumbai
GENIUS CONSULTANTS LIMITED
Warehouse Manager in a Leading Garments Manufacturing Company
Permanent · Kolkata
GENIUS CONSULTANTS LIMITED
Digital Marketing Executive@ Hiring is Going on
Permanent · Kolkata
SUPER FASHION
HR Manager / sr. HR Manager (For Garments Industry)
Permanent · Faridabad
SUPER FASHION
General Manager Production / Production Manager (Knits Garments)
Permanent · Faridabad
CAREERPLUS PLACEMENTS PRIVATE LIMITED
Opening-Head Production - Leather Bag @Chennai
Permanent · Chennai
RELIANCE INDUSTRIES LTD
Cluster Merchant
Permanent · COIMBATORE
KOMAL TEXFAB PVT LTD
Export Manager - Documentation
Permanent · Ahmedabad
HONEYBEEZ CONSULTANCY
Business Development Manager
Permanent · Mumbai
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Chennai
JOBS TERRITORY
Hiring For Sales Manager |3 to 6 Yrs Exp | Bangalore
Permanent · Bengaluru
JOBS TERRITORY
Hiring For Sales Manager |3 to 6 Yrs Exp | Bangalore
Permanent · Bengaluru
IDEASPOT CONSULTANT
Digital Marketing Manager - Reputed Garments Company
Permanent · Kolkata
IDEASPOT CONSULTANT
Manager HR & ir - Reputed Garments Industry - Kolkata
Permanent · Kolkata
IDEASPOT CONSULTANT
Marketing Manager - Reputed Garments Company - Kolkata
Permanent · Kolkata

Superdry's Dunkerton gets vote of confidence as investor buys shares

Published
today Apr 15, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Superdry’s co-founder Julian Dunkerton may have got back onto the board because of the large size of his shareholding plus those of key allies, but while most smaller shareholders voted against his return, he’s just had a significant vote of confidence.


Superdry



Oasis Management has bought a 3.3% stake in the company in a clear indication that it likes the way the management of the company is going. And such supportive shareholders are just what Dunkerton needs as he embarks on a turnaround programme that means a complete change of strategy at the firm.

Dunkerton won the backing of 51.2% of existing shareholders a fortnight ago, which means a large number voted against his return and preferred to back the strategy under then CEO Euan Sutherland. Dunkerton managed to convince some shareholders about his strategy but he and his co-founder James Holder own 29% of the firm between them so he knew from the start that almost a third of the shares would vote in his favour.

The Mail on Sunday reported the Oasis purchase and also said that investment firm Standard Life, which had been one of the shareholders voting against Dunkerton’s return, had a “positive” meeting with he and his new team that includes ex-Boohoo chairman Peter Williams.

That team has shared a few ideas so far and what we’ve heard suggests that there should be plenty of change at Superdry. At least they have a fairly clean slate as far as the management of the firm is concerned as the board, comprising chairman Peter Bamford, CEO Euan Sutherland, CFO Ed Barker and chair of the remuneration committee Penny Hughes all resigned with immediate effect when Dunkerton was voted back. Non-executive directors Dennis Millard, Minnow Powell, Sarah Wood and John Smith also said they would stand down.

Copyright © 2020 FashionNetwork.com All rights reserved.