Shareholder Support: Julian Dunkerton and Selfridges Director

shareholder support: The groups also oppose the appointment of Peter Williams, the former Selfridges director, whom Dunkerton has put forward for election, according to The Guardian. In a note to investors, ISS said Given that the current issues at the company seem to have at least partially arisen as a result of combined decision-making by Julian Dunkerton and management, shareholder support for these proposals is not considered warranted at this time. ISS said Dunkerton's return should not be supported as Superdry's problems were at least partly the result of his decision-making, while Pirc said his presence on the board would make it insufficiently independent. Dunkerton, who owns 18% of Superdry but stepped down from its board a year ago to focus on his family cider business and a small chain of boutique pubs and hotels, is battling to return after a dive in the company's share price. Dunkerton has called a shareholder meeting, to be held on 2 April in London, at which shareholders will vote on whether to install him and Williams as non-executive directors. The value of the company, known for its Japanese-inspired graphic T-shirts, slumped after it put out a series of profit warnings which it blamed on an over-reliance on jackets and heavily branded items partly selected by Dunkerton. (news.financializer.com). As reported in the news.