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Turnaround ‘two years away’ after Superdry falls to £85m loss

A sales revival at Superdry will take at least two years, Julian Dunkerton admitted yesterday, after the company swung into the red in the first set of results since its co-founder’s dramatic return.

Superdry unveiled an £85 million loss for the year to April 27, in stark contrast with last year’s profit of £65.3 million, after delaying the results by a week because it needed more time to calculate its complex property charges.

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