StockMarketWire.com - Superdry said it would hold a general meeting next month to allow shareholders to vote on a request by co-founders Julian Dunkerton and James Holder to shakeup the fashion retailer's board.

The company had announced on 1 March that Dunkerton and Holder, who are also significant shareholders, wanted board seats for both Dunkerton and Peter Williams.

On Monday, Superdry reiterated its opposition to their request, ahead of the meeting scheduled for 2 April.

'The board and management team are wholeheartedly and unanimously committed to the continuing delivery of the global digital brand strategy as well as the intensified transformation programme announced in December 2018,' Superdry said.

The company claimed that Dunkerton had prime responsibility for the company's poorly performing Autumn/Winter 2018 range and that his return would have 'damaging business impacts'.

Superdry also said its current strategy had the 'strong' support of institutional shareholders.

At 1:28pm: [LON:SDRY] Superdry Plc share price was -6.75p at 515.25p

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