Activist investor Gatemore adds to Superdry stake

Superdry

Activist investor Gatemore Capital Management is building up its stake in fashion brand and retailer Superdry (LON: SDRY) and it has a record of changing the management and strategy of underperforming companies.

The fully listed company has gone through many directors in recent years and founder Julian Dunkerton has returned as chief executive. Shaun Willis was appointed finance director on 26 April.

Superdry is a former stockmarket star, whose recent performance has been poor. There is the appearance of a lack of leadership in recent years. The share price high was at the beginning of ...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.