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Superdry plc Announces Progress in Restructuring Plans Amid Speculation

Superdry plc addressed recent media speculation by confirming progress on its restructuring plan, initially mentioned in a January 29, 2024 announcement. The clothing company acknowledged working with advisors on evaluating substantial cost-saving strategies aimed at ensuring long-term success. Today, the firm revealed that these plans are in advanced stages and could be introduced shortly. However, they also underlined the uncertainty surrounding the final implementation of the restructuring strategy.

R. P.

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