April 2, 2019 / 10:48 AM / 4 months ago

Superdry investors to back founder Dunkerton's return

April 2 (Reuters) - Superdry said on Tuesday an indicator of votes showed that more than 50 percent of votes to be cast at a shareholders’ meeting would be in favour of founder and former boss Julian Dunkerton returning to its board.

The British fashion group also said 50.74 percent votes would give a nod to industry veteran Peter Williams being elected.

Superdry has been engaged in a battle with Dunkerton since the former CEO called for a shareholder meeting in an attempt to force a return to the company’s board after a raft of profit warnings.

Superdry’s shares were up 5 percent at 575.5 pence at 1040 GMT. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur)

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