Julian Dunkerton has announced that he will transfer over £1m in shares to the Blue Marine Foundation as he turns his attention to other business interests.
Superdry co-founder Julian Dunkerton has announced that he will be stepping down from his role as a director to pursue other business and charitable interests.
He informed the board of his decision this week and announced that he will be donating £1m in shares to the Blue Marine Foundation, a charity dedicated to creating marine reserves and establishing sustainable models of fishing.
Dunkerton founded the fashion brand, which has been made famous over the years by the likes of David Beckham and Leonardo DiCaprio, back in 2003 alongside his business partner James Holder.
He said: "I am immensely proud of everything achieved at Superdry over the past 15 years. As a fast-growing, innovative business, Superdry has always evolved to ensure it keeps delivering. With other demands on my time it is the right point for me to transition my focus and responsibilities."
Peter Bamford, chairman of Superdry, added: "With Superdry embarking on the next phase of its ambitious growth plans, and with other interests and opportunities available to him, Julian and I have been talking for some time about the right time for him to move on from the business.
“I have enjoyed working closely with him over the last eight years and, on behalf of the board, I would like to thank Julian for his outstanding contribution in building Superdry into such a great brand."
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