Fashion retailer’s shares fall after revenues plunge 52% in 11 weeks covering Christmas period

The fashion retailer Superdry has warned over its ability to continue as a going concern as multiple coronavirus lockdowns have hammered sales and profits.

Shares fell 11% on Tuesday after Superdry issued the warning and said revenues fell 52% in the 11 weeks to 9 January, due to store closures during the weeks before and after Christmas.

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