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Founder to leave the business after presiding over tidy total return

Investors who bought into branded clothing and footwear business Superdry (SGP) on flotation (as SuperGroup) in March 2010 have tripled their money. The shares have delivered a 202% total return.

Julian Dunkerton, one of the founders of the Superdry brand, is leaving the company in order to ‘devote more time to his other business and charitable interests’. The bearded entrepreneur, 53, co-founded Superdry with designer James Holder in 2003.

Originally the brand was sold in Cult Clothing, a retail business founded by Julian and a former business partner in Cheltenham in 1985. The first Superdry store was launched in 2004 and the business grew quickly from there.

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