News

​Superdry hit by £130m property-related charges

By 2019-07-10T12:32:00

Superdry store

Source: Martin Lewison/Flickr

Superdry has been hit by a £130m impairment charge related to the struggling retailer’s store estate as it embarks on a review to help cut its property costs.

In full-year results this morning, it reported a £42.6m write-down on its store estate and an onerous lease provision of £86.9m. 

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