Superdry has secured a £70 million (€77.5m-$91.2m) Asset-Backed Lending (ABL) facility that is supposed to help the company get through the coronavirus crisis. The facility is provided by its current lenders, HSBC and BNPP, with terms extended until January 2023, in place of January 2022. Superdry’s revenues were down by 24.1 percent in the first quarter ended on July 25, largely due to coronavirus-related store closures, but e-commerce was up by 93.2 percent.