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Ted Baker PLC (TED.L)

TED.L on London Stock Exchange

498.40GBp
16 Oct 2019
Change (% chg)

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498.40
Open
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Volume
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Avg. Vol
171,603
52-wk High
2,129.94
52-wk Low
439.20

Latest Key Developments (Source: Significant Developments)

Ted Baker Appoints Ari Hoffman As North American CEO
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Ted Baker PLC ::TED BAKER PLC - TED BAKER APPOINTS NORTH AMERICAN CEO.TED BAKER PLC - APPOINTMENT OF ARI HOFFMAN AS CHIEF EXECUTIVE OFFICER (CEO) OF ITS BUSINESS IN NORTH AMERICA..TED BAKER - ARI HOFFMAN WILL JOIN TED BAKER IN DECEMBER 2019.  Full Article

Baillie Gifford & Co Discloses Below 5% Stake In Ted Baker As Of Oct 1 Vs Prior Stake Of 5.01%
Thursday, 3 Oct 2019 

Oct 3 (Reuters) - :BAILLIE GIFFORD & CO DISCLOSES BELOW 5% STAKE IN TED BAKER AS OF OCT 1 VERSUS PRIOR STAKE OF 5.01% - FILING.  Full Article

Ted Baker CEO Says "We've Faced Probably The Most Difficult Trading Conditions That I Can Ever Recall In 30 Years"
Thursday, 3 Oct 2019 

Oct 3 (Reuters) - Ted Baker PLC ::TED BAKER CEO SAYS "WE'VE FACED PROBABLY THE MOST DIFFICULT TRADING CONDITIONS THAT I CAN EVER RECALL IN 30 YEARS".  Full Article

Ted Baker Appoints Rachel Osborne As CFO
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - Ted Baker PLC ::APPOINTMENT OF CHIEF FINANCIAL OFFICER.APPOINTMENT OF RACHEL OSBORNE AS CHIEF FINANCIAL OFFICER.RACHEL WILL JOIN COMPANY AND BOARD AT A DATE TO BE AGREED WITHIN NEXT FEW MONTHS.  Full Article

Baillie Gifford & Co Raises Stake In Ted Baker To 5.01% From Below 5%
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Ted Baker PLC ::BAILLIE GIFFORD & CO RAISES STAKE IN TED BAKER PLC TO 5.01% FROM EARLIER STAKE OF BELOW 5% - FILING.  Full Article

Oppenheimerfunds Dissolves Stake In Ted Baker Versus Earlier Stake Of 5.75% - Filing
Friday, 31 May 2019 

May 31 (Reuters) - Ted Baker PLC ::OPPENHEIMERFUNDS DISSOLVES STAKE IN TED BAKER VERSUS EARLIER STAKE OF 5.75% - FILING.  Full Article

Invesco Discloses 8.56% Stake In Ted Baker PLC - Filing
Friday, 31 May 2019 

May 31 (Reuters) - Ted Baker PLC ::INVESCO DISCLOSES 8.56% STAKE IN TED BAKER PLC - FILING.  Full Article

Ted Baker FY Pretax Profit Falls 26.1 Pct
Thursday, 21 Mar 2019 

March 21 (Reuters) - Ted Baker PLC ::FINAL RESULTS.CAPITAL EXPENDITURE IN NEW FINANCIAL PERIOD IS PLANNED TO BE £31.0M (2019: £30.3M).FY GROUP REVENUE UP 4.4% TO £617.4M.TRADING CONTINUES TO BE IMPACTED BY ONGOING CONSUMER UNCERTAINTY AND ELEVATED PROMOTIONAL ACTIVITY ACROSS MANY GLOBAL MARKETS.FY RETAIL SALES INCLUDING E-COMMERCE UP 4.2% (UP 4.8% IN CONSTANT CURRENCY) TO £461.0M.FY UK AND EUROPE RETAIL SALES UP 4.6% (UP 4.5% IN CONSTANT CURRENCY) TO £315.0M.TRADING ALSO CONTINUES TO BE IMPACTED BY RECENT UNSEASONAL WEATHER IN NORTH AMERICA.REMAIN CONFIDENT IN OUR COLLECTIONS FOR SPRING / SUMMER.PRIMARY FOCUS OF REMAINDER OF INDEPENDENT EXTERNAL INVESTIGATION WILL BE ON CO'S POLICIES, PROCEDURES AND HANDLING OF HR-RELATED COMPLAINTS.EXPECTED THAT HSF WILL CONCLUDE ITS INVESTIGATION EARLY IN Q2 2019.EXPECTED THAT HSF WILL CONCLUDE ITS INVESTIGATION EARLY IN Q2 2019."BOARD ARE COMMITTED TO ENSURING THAT ALL EMPLOYEES FEEL RESPECTED AND VALUED".FOLLOWING HIS APPOINTMENT AS EXECUTIVE CHAIRMAN, DAVID BERNSTEIN CBE HAS STEPPED DOWN FROM REMUNERATION COMMITTEE.ANTICIPATE FURTHER GROWTH ACROSS WHOLESALE BUSINESSES IN 2019.DEVELOPED NUMBER OF STRATEGIES AND CONTINGENCY PLANS WHICH WILL ASSIST IN MINIMISING DISRUPTION CAUSED BY BREXIT.WHOLESALE BUSINESSES IN 2019 TO SHOW LOW TO MID-SINGLE DIGIT SALES GROWTH.CONTINUE TO EXPLORE OPTIONS FOR DEVELOPMENT AND EXPANSION OF UGLY BROWN BUILDING TO SUPPORT FUTURE GROWTH PLANS.  Full Article

Ted Baker Says CEO Ray Kelvin Resigns With Immediate Effect
Monday, 4 Mar 2019 

March 4 (Reuters) - Ted Baker PLC ::RESIGNATION OF CHIEF EXECUTIVE OFFICER.ANNOUNCES THAT CHIEF EXECUTIVE OFFICER RAY KELVIN HAS RESIGNED WITH IMMEDIATE EFFECT.ACTING CHIEF EXECUTIVE OFFICER LINDSAY PAGE HAS AGREED TO CONTINUE IN THIS ROLE..BOARD HAS ASKED DAVID BERNSTEIN TO ACT AS EXECUTIVE CHAIRMAN TO PROVIDE ADDITIONAL SUPPORT TO LINDSAY.BERNSTEIN INDICATED HE WILL CONTINUE AS EXECUTIVE CHAIRMAN UNTIL NO LATER THAN NOV 30 2020, BY WHICH TIME A SUCCESSOR WILL BE APPOINTED.INVESTIGATION TO CONTINUE, WITH PRIMARY FOCUS OF REMAINDER OF INVESTIGATION BEING ON CO'S POLICIES, PROCEDURES AND HANDLING OF COMPLAINTS.EXPECTED THAT HSF WILL CONCLUDE ITS INVESTIGATION AT END OF Q1 OR EARLY IN Q2 2019.KELVIN TO NOT BE ENTITLED TO SALARY OR BENEFITS PAYMENT CONNECTED TO RESIGNATION OR IN RESPECT OF ANY PERIOD AFTER DATE OF HIS RESIGNATION.KELVIN'S 2016, 2017 AND 2018 LTIP AWARDS WILL LAPSE.KELVIN'S VESTED 2015 LTIP AWARD, WHICH VESTED OVER 19,873 SHARES IN COMPANY, WILL REMAIN EXERCISABLE FOR A PERIOD OF 12 MONTHS.  Full Article

Ted Baker To Buy Assets From Pentland Group
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Ted Baker PLC ::ACQUISITION.PROPOSED DEAL FOR AGGREGATE CONSIDERATION OF £13 MILLION.DEAL INCLUDES AN ADJUSTMENT FOR NET ASSETS OF TARGET COMPANIES AS AT COMPLETION DATE.AGREEMENT WITH PENTLAND GROUP TO ACQUIRE ISSUED SHARE CAPITAL OF NO ORDINARY SHOES LIMITED AND NO ORDINARY SHOES USA LLC.ACQUISITION WILL BE FINANCED BY COMPANY'S EXISTING BANK FACILITIES.DEAL EXPECTED TO ENHANCE EARNINGS OF TED BAKER IN FY2019/20 AND BEYOND.ADJUSTMENT FOR NET ASSETS OF TARGET COMPANIES ANTICIPATED TO BE BETWEEN £4-8M, PAYABLE IN CASH ON COMPLETION.  Full Article

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Ted Baker shares battered after CEO flags dire UK retail climate

Shares in Ted Baker shed more than a third of their value on Thursday, after the British fashion retailer's second profit warning in four months on the back of what new boss Lindsay Page called the worst business conditions in decades.