Might be an interesting one to watch, not sure which way this will go. Thoughts?
Share price didn’t react well
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It was a super close vote, the share price dipped lower after hours as a large part of the senior team quit, although it would be difficult for them to stay given how heated it all got. The share price might dip further now since the vote was so close, some of the institutions that voted against this might reduce their holdings.
I’m holding for now but all of a sudden I’m no longer up 30-something percent because of the uncertainty 
I’m 99.99% sure Julian Dunkerton said he won’t sell any of his 18% stake in Superdry for 2 years if he’s reinstated. Hopefully he’ll buy some more now 
The 6 month campaign was quite extensive, have a look at savesuperdry.com 
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Down 12% today 
interesting…
Just a quick reminder for anyone who’s new to investing that this isn’t a sure thing. Superdry’s prospects seem to be pretty up in the air right now.
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This part of the Guardian’s article was funny, don’t know whether to take this seriously
The dispute has pitted the 54-year-old Dunkerton against a board that he claimed did not understand the fashion business.
There was some evidence of that at the meeting as, while Dunkerton and fellow co-founder James Holder were dressed in skinny jeans, most of the men on the board were wearing what one analyst described as “Jeremy Clarkson style ‘smart casual’ combo”.
the jeans gave it away
In other news I’m now only +5% 
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It’s trading at an attractive valuation of c. 3x EV/EBITDA with a healthy balance sheet. Question is whether the founders can return the company to sustainable growth and restore margins.
Not sure if this has been priced in already or whether the share price will collapse to the 300s again.
They issued a profit warning, because of lower than expected trading volume over the festive period. 
Price went from over £5 to £4.60.
Basically, they did a lot promotional activity instead of full-price sales.
They now say they expect pre-tax profits for the full-year to come in at between £0 and £10m, very far from broker Peel Hunt’s previous expectations of £18.9m.
The only sliver of hope is, the new lines have apparently been well received.
This is sort of to be expected but still look at the collapse since the start of the year
Meanwhile Superdry’s CEO is bringing back CULT
https://www.boutiquehotelier.com/co-founder-of-lucky-onion-to-launch-new-concept-cult-hotels/
In other news, James Holder, a Superdry co-founder, launched Trench London, for £500 you can get a coat with a gaudy (R) on it… 
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240% debt to equity ratio. I’ll stay away.
Superdry is the biggest fad-scam ever created. I’d recommend watching the Patriot Act episode on it.
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This one?
Yep!
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Pump!!!
Can this company survive:
I hope so, for the sole reason I love their hoodies and find them particular comfortable.
Probably not.
At least not on the stockmarket.
Talk of going private and private equity coming in.
Issues new shares which Dunkerton underwrites.
IE if you don’t buy them he will.
He sold a large holding at the top.
As an aside
His cider is decent and the restaurant he used to own is excellent.
I wish he wouldn’t go on about not spraying his apple trees for 40 years all the time.
Okay we get it there organic.
Going private
“Under the proposals, with CEO and founder Julian Dunkerton leading a fundraising effort, the company will cease trading on the London stock market from July. Currently changing hands for little more than 5p, at its 2018 heights the shares traded around £20.”
This implies your skinny?
Or you ware Superdry clothes far larger than the supposed fit.
Dunkerton always tried everything on and he is a skinny runt.
Well expect the ladies clothes…i assume.