Superdry (SEPGF) was a struggling retailer when the virus took a grip on the market. The company had already been suffering for years with declining profitability, eventually reporting a loss for full-year 2019. I believe that issues remain prominent with Superdry, and it will prove difficult to turn the sinking ship around. Although the share price has stabilised in recent weeks, further poor news could send shares spiralling lower again.
Source: Askattest.com - Superdry store
From March 18 to May 5, the company burned £7.2 million in cash as disclosed in its May trading update