The co-founder of Superdry is leaving the fashion brand he helped to launch more than 30 years ago at a market stall in Cheltenham.
Julian Dunkerton said that he was leaving to spend more time on his other interests, which include Dunkertons Cider, his family’s business, as well as a luxury hotels group in the Cotswolds.
He also wanted to take on charitable work, he said, and pledged to donate more than £1m of his Superdry shares to Blue Marine, a fishing conservation charity.
Superdry floated in March 2010 with 40 stores and 54 concessions and today it has more than 550 stores in 49 countries.