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Superdry co-founder James Holder is expected to receive at least £300,000 a year in consultancy fees from the brand, the Sunday Telegraph has reported.
Following Superdry co-founder Julian Dunkerton’s reinstatement as non-executive director and the subsequent mass resignation of the Superdry board, Drapers analyses how the entrepreneur will execute his promised brand turnaround.
Superdry’s chairman Peter Bamford, chief executive Euan Sutherland, chief financial officer Ed Barker, and chairman of the remuneration committee Penny Hughes have all exited the business with immediate effect, following co-founder Julian Dunkerton’s reinstatement to the board earlier today.
Shareholders have narrowly voted to reinstate Superdry co-founder Julian Dunkerton as a non-executive director, following an acrimonious public battle between him and the board of the young fashion brand.
Struggling Superdry is betting on a new kidswear collection to help turn the business around, but its success will hang on the strength of the product, industry experts have said.