Hedge fund Gatemore takes 3.37% stake in Superdry
Reuters
Published Jul 20, 2020 15:04
LONDON (Reuters) - Hedge fund Gatemore Capital on Monday said it had built a 3.37% stake in UK retailer Superdry (L:SDRY) and expected it to benefit from changing consumer trends as a result of the coronavirus pandemic.
"Superdry has shown strong resilience despite a challenging trading environment in recent months, and we are confident the business is poised to benefit from the trend towards casualwear which has been accelerated by Covid-19," Liad Meidar, Managing Partner at Gatemore, said in a statement.
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Written By: Reuters
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