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Tag: Ted Baker

Ted Baker’s bankers call in experts to weigh prospects | Business

Ted Baker’s bankers have appointed advisers to review the prospects for the business amid fears that the fashion chain will be forced to raise cash. A consortium of four major lenders to the company, understood to be Santander, HSBC, Barclays and Royal Bank of Scotland, have hired the advisory firm FTI Consulting, which has previously …

Ted Baker’s bankers call in experts to weigh prospects | BusinessRead More

Departing directors and aggressive investors mean trouble for Ted Baker | Business

Ted Baker has been a jack-the-lad character in the City for the past 30 years. The story goes that “Ted”, the presumed alter ego of company founder Ray Kelvin, got the idea for a global brand “while fishing” in 1987. And he never looked back. UK consumers were drawn to his quirky sense of humour …

Departing directors and aggressive investors mean trouble for Ted Baker | BusinessRead More

BlackRock’s Larry Fink must think again over tackling climate crisis | Nils Pratley | Business

Here’s a good question for Larry Fink, the BlackRock billionaire, to address when he dispatches his lofty annual “dear CEO” letter in the new year. Is his firm guilty of “greenwashing”? In other words, is the world’s biggest fund manager, with an astonishing $7tn of assets under its roof, posing as a pioneer of climate …

BlackRock’s Larry Fink must think again over tackling climate crisis | Nils Pratley | BusinessRead More

Ted Baker shares fall after it warns of £25m balance sheet error | Business

The struggling fashion chain Ted Baker has warned that it overestimated the value of its stock and appointed a law firm to carry out a comprehensive review. The retailer, which has a new finance director, estimates that the value of the inventory held on its balance sheet has been overstated by £20m to £25m, based …

Ted Baker shares fall after it warns of £25m balance sheet error | BusinessRead More

Ted Baker shares plunge as it suffers £23m first-half loss | Business

Shares in Ted Baker crashed by more than a third after the fashion retailer dived to its first half-year loss in more than 20 years and issued another warning on its full-year performance. The company said trading in the first half had been worse than expected and the second half had started slowly because of …

Ted Baker shares plunge as it suffers £23m first-half loss | BusinessRead More

Even if there is a Brexit deal, a UK interest rate cut seems likely | Nils Pratley | Business

Call it a full house of poor economic news. The services sector is contracting, according to the purchasing managers’ index, joining the manufacturing and construction industries in negative territory. In big picture terms, there are no bright spots. The official data, which measures actual economic activity as opposed to managers’ view of prospects, may yet …

Even if there is a Brexit deal, a UK interest rate cut seems likely | Nils Pratley | BusinessRead More