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Superdry Plunges as Profit Warning Follows Founder’s Return

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Superdry Plc plunged after warning that profit will miss analysts’ estimates, little more than a month after the founder of the British fashion chain returned to lead a turnaround. The retailer said that it expects full-year underlying pretax profit below market expectations of 54 million pounds to 59 million pounds ($70 million to $77 million)…

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