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Superdry in Talks to Raise Nearly $19 Million in Share Sale: Report

Superdry in Talks to Raise Nearly $19 Million in Share Sale: Report

Struggling British fashion brand Superdry is said to be in advanced talks to raise about 15 million pounds ($18.9 million) by sale of shares, Sky News reported on Friday.

The cash call could be unveiled as soon as next week, the report added.

Superdry declined to comment, when contacted by Reuters.

The apparel maker had said in April that it had been considering a potential equity raise of up to 20 percent backed by founder and CEO Julian…


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