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Superdry investor Hilco said to be eyeing Claire’s takeover

Hilco Capital, an investor in Superdry and the former owner of Cath Kidston, is believed to be among the initial bidders eyeing a takeover of struggling accessories chain Claire’s. According to Sky News, the investment firm is specifically eyeing the retailer’s UK arm, which reportedly appointed advisors from Interpath Advisory last week to...

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Business

Superdry secures 25 million pounds from Hilco

Fashion retailer Superdry has secured a secondary lending facility of 25 million pounds from retail financing specialists Hilco Capital to help accelerate the implementation of its turnaround plan and cost reduction programme. The facility with Hilco, which has provided loan facilities to large retailers, over the past 24 months, including...

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