LONDON, May 2 (Reuters) - Struggling British fashion
brand Superdry is in "positive" talks with investors
regarding an equity raise of up to 20%, it said on Tuesday.
Responding to a media report it planned to raise about 15
million pounds ($18.7 million), Superdry said founder and CEO
Julian Dunkerton plans to participate in the equity raise and
provide a material underwriting commitment.
Shares in Superdry have fallen 33% so far this year.
($1 = 0.8008 pounds)
(Reporting by James Davey; Editing by Kate Holton)
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