Edition:
United States

Ted Baker PLC (TED.L)

TED.L on London Stock Exchange

1,770.00GBp
20 Mar 2019
Change (% chg)

-35.00 (-1.94%)
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1,805.00
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1,834.00
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Volume
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Mon, Mar 4 2019

Ted Baker founder and CEO Kelvin quits after misconduct allegations

Ray Kelvin resigned as chief executive of British retailer Ted Baker on Monday, seeking to allow the fashion brand he founded to move on from misconduct allegations stemming from his habit of hugging colleagues. | Video

UPDATE 4-Ted Baker founder and CEO Kelvin quits after misconduct allegations

* Time to embrace overseas offers -Breakingviews (Adds analyst comments, graphics, breaking views link, updates shares)

BUZZ-Street View: Time for Ted Baker to move on

** British fashion retailer Ted Baker Plc's founder and CEO Ray Kelvin resigns amid misconduct allegations related to his hugging of business colleagues

Ted Baker CEO Ray Kelvin resigns

March 4 Fashion retailer Ted Baker Plc said on Monday that Chief Executive Officer Ray Kelvin resigned effect immediately, following investigations into allegations of misconduct.

UPDATE 2-Ted Baker shares plunge as retailer warns of lower profit

* Shares fall as much as 18 pct (Adds analyst comments, background)

Ted Baker warns on full-year profit

Feb 27 Fashion retailer Ted Baker Plc on Wednesday forecast a more than 10 million pounds fall in full-year pretax profit, blaming the impact of foreign exchange rates, higher costs to upgrade its systems and inventory write-downs.

Ted Baker posts higher retail sales for Christmas season

Jan 9 British fashion retailer Ted Baker Plc reported higher retail sales in the holiday period, helped by a surge in online demand and said an investigation into reports related to the conduct of its founder were progressing.

UPDATE 1-Ted Baker revenue hit by lower wholesale sales

Dec 6 British clothing and accessories retailer Ted Baker Plc posted a slight decline in group revenue for the 16-week period between August and December as lower wholesale sales overshadowed retail sales growth.

Ted Baker revenue hit by lower wholesale sales

Dec 6 British clothing and accessories retailer Ted Baker Plc reported a slight decline in group revenue for the 16-week period between August and December as lower wholesale sales overshadowed retail sales growth.

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