Superdry has had its last day of trading on the London Stock Exchange, ending 14 tumultuous years as a listed company.
Shares in the fashion retailer, which rose up the style ranks in the early 2000s with its Japanese graphic-style T-shirts and hoodies, had crashed after a prolonged period of falling sales and widening losses.
At its peak, Superdry was valued at almost £1.7 billion, but since then the shares have collapsed by 99.8 per cent and they closed their final day as a listed business just above 3¼p, down 3.1 per cent on the day and far from their height of £20.74.
Julian Dunkerton with his wife Jade Holland Cooper, the fashion designer. He plans to keep the company trading
MAX MUMBY/INDIGO/GETTY IMAGES
It has delisted from the London Stock Exchange as part of a restructuring overseen by Julian Dunkerton, its co-founder, after his bid