Bloomberg Superdry Plc is seeking to tap investment funds to repay banks on a loan due in January as the cost-of-living crisis hits consumer spending. The London-listed clothing company has been sounding out potential new investors to replace an asset-backed facility worth £70 million ($83 million). The company said it’s in “positive on-going discussions with lenders” when contacted by ...

  Bloomberg Burberry Group Plc’s new leadership plans a return to “Britishness” after a revamp by an Italian executive duo failed to keep the UK brand abreast of its luxury rivals. The new team of Chief Executive Officer Jonathan Akeroyd and creative chief Daniel Lee want to increase accessories to more than 50% of sales in the long term, banking ...

Bloomberg The partnership between American Airlines Group Inc. and JetBlue Airways Corp. has “absolutely no justification,” US Justice Department lawyers told a federal judge in closing arguments for the agency’s antitrust suit against the airlines. The government is seeking to dissolve the Northeast Alliance, a partnership formed between American and JetBlue in 2020 to share routes, bookings and passengers in ...