Ted Baker Plc
Apparel and textile industry company news
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Ted Baker inventory overstated by GBP58m
An auditor's review has found that Ted Baker has overstated the value of its inventory by GBP58m - more than double what the UK fashion and lifestyle brand had first estimated based on preliminary analysis.
Ted Baker under review by lenders
A group of lenders for troubled UK fashion retailer Ted Baker are understood to have hired advisers to carry out an independent review of the business.
Ted Baker director Ron Stewart latest to quit
Ted Baker has announced the departure of long-time non-executive director, Ron Stewart, just a week after the UK fashion retailer saw its CEO and chairman step down.
Ted Baker bosses quit amid further profit warning
The chief executive officer of Ted Baker has quit amid yet another profit warning from the UK-based fashion retailer.
Ted Baker warns of GBP25m inventory overstatement
UK fashion and lifestyle brand Ted Baker is to launch an independent review after identifying the value of stock held on its balance sheet has been overstated.
Ted Baker appoints Ari Hoffman as US boss
UK fashion and lifestyle brand Ted Baker has appointed former Bennetton executive, Ari Hoffman, to the newly created role of CEO of its North America business.
Ted Baker shares tumble on H1 loss
Ted Baker says its financial results for the first half of the year were behind its expectations as the UK fashion and lifestyle brand reported a pre-tax loss for the period which sent shares tumbling by more than 35%.
Debenhams finance chief takes up Ted Baker role
UK fashion and lifestyle brand Ted Baker has named former Debenhams finance boss Rachel Osborne as its new CFO.
Ted Baker eyes Japan expansion with new licence deal
Ted Baker has inked an agreement with Sojitz Infinity as its Japanese retail licence partner to accelerate the long-term growth of the UK fashion and lifestyle brand in the country.
Ted Baker switches to Next for childrenswear
UK fashion and lifestyle brand Ted Baker has inked a new childrenswear licence agreement with Next Plc, replacing a deal with Debenhams due to end in February.
Ex-Ted Baker chief set to back business buyout?
Ray Kelvin, the disgraced founder of fashion retailer Ted Baker, is reportedly planning to back a private equity buyout of the company – just a few months after standing down following allegations of sexual harassment.
Ted Baker issues another profit warning
Shares in Ted Baker tumbled by more than 26% this morning (11 June) as the UK fashion and lifestyle brand warned "extremely difficult trading conditions" look likely to impact performance through the rest of the financial year.
Ted Baker and Farfetch to pilot circular fashion models
A range of new circular economy business models including clothing hire, product resale, repair and rental services is to be piloted as part of a project between the London Waste and Recycling Board, circular economy business consultants QSA Partners and several fashion retailers.
Ted Baker names Page CEO as Kelvin inquiry ends
UK lifestyle brand Ted Baker has named Lindsay Page as CEO following the conclusion of an investigation into allegations of inappropriate behaviour levelled at founder Ray Kelvin.
Ted Baker eyes China expansion with new joint venture
UK lifestyle brand Ted Baker has inked a new joint venture (JV) deal with Shanghai LongShang Trading Company Ltd (LS) to expand its presence in Mainland China, Hong Kong and Macau.
Ted Baker shares tumble on FY profit warning
Shares in Ted Baker tumbled by more than 11% this morning (27 February) as the UK lifestyle brand warned it expects full-year profits to be lower than expected.
Ted Baker bounces back with festive sales growth
Harassment allegations levelled against Ted Baker chief executive Ray Kelvin failed to diminish desire for the UK lifestyle brand over the Christmas trading period, with the company bouncing back from a disappointing third-quarter.
Ted Baker CEO steps aside amid "serious allegations"
UK lifestyle brand Ted Baker has announced its chief executive, Ray Kelvin, is to take a voluntary leave of absence after the company's board learned of "further serious allegations" regarding his conduct.
Q3 sales slip adds to Ted Baker's woes
A drop in third-quarter sales is likely to Ted Baker's woes as the UK lifestyle brand today (6 December) announced the appointment of an independent law firm to conduct an external investigation into the allegations levelled at chief executive Ray Kelvin.
Sales growth slows at Ted Baker in H1
Shares in Ted Baker tumbled by 14% in early trading as the UK lifestyle brand said it continued to experience retail sales growth in the first half, albeit at a slower rate than previously.
Ted Baker to bring footwear back in-house
UK lifestyle brand Ted Baker has entered into an agreement with Pentland Group to buy back its footwear licence after 17 years, as part of its bid to drive further growth in its footwear business.
Brand appeal drives Ted Baker sales increase
UK lifestyle brand Ted Baker hailed the continued expansion across all of its distribution channels in the first half, driven by the strength and appeal of its brand and despite the impact of unseasonal weather in the period.
Six fashion brands reveal sustainability scores
As they work towards improving transparency within their supply chains, six fashion brands including Ted Baker and G-Star have made public their sustainability performance scores using independent assessment tool Mode Tracker.
Ted Baker shares slide on challenging outlook
UK lifestyle brand Ted Baker saw its share price slide 5.5% in morning trading after cautioning on a challenging global trading environment looking ahead.
Online drives Ted Baker holiday sales rise
UK lifestyle brand Ted Baker remains confident of meeting its full year expectations after a double-digit boost from its online business helped lift retail sales figures over the Christmas period.
Ted Baker invests in supply chain management tool
Global lifestyle brand Ted Baker is to use Segura’s supply chain visibility platform to improve its supplier management processes.
Online helps boost Ted Baker sales rise
UK lifestyle brand Ted Baker remains confident of meeting its expectations for the full year as a double-digit boost from its online business helped drive group revenue in the 13 weeks to the end of November.
Pentland Brands FY boosted by sports brands
Pentland Brands, owner of the Berghaus, Speedo and Ellesse labels, achieved record performances for a number of its sports brands in its last fiscal year despite challenging global market conditions.
Brand appeal drives "good" start to the year for Ted Baker
UK lifestyle brand Ted Baker hailed another "good performance" across all of its distribution channels in the first half, driven by the strength and appeal of its brand and despite what it called an uncertain macro environment.
Brand appeal drives Ted Baker FY sales up 16.4%
UK lifestyle brand Ted Baker hailed another "good year of progress", driven by the strength and appeal of its brand and despite what it called on-going external challenges.
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