Inactive Instrument

Ted Baker

Equities

TED

GB0001048619

Ted Baker : lenders hire restructuring experts for independent review - Sky News

January 08, 2020 at 10:40 am EST

Ted Baker's lenders have hired advisers to carry out an independent review of the troubled British fashion retailer to assess its prospects, Sky News said https://news.sky.com/story/ted-baker-lenders-call-for-help-at-ailing-retail-chain-11903703 on Wednesday.

Restructuring experts from FTI Consulting have been hired for the review, according to the report that comes about a month after Ted Baker's chief executive officer and chairman left the company.

Ted Baker did not immediately respond to a Reuters request for comment. Shares in the company were down 1.7% to 400.4 pence.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Shinjini Ganguli)

Latest news about Ted Baker

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Ted Baker Plc(LSE:TED) dropped from FTSE All-Share Index	22-10-21	CI
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Ted Baker Receives Court Sanction For Takeover Scheme By Authentic Brands Group	22-10-19	MT
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Ted Baker Gains 17% on $254 Million Takeover by Authentic Brands Group	22-08-16	MT
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Company Profile

Ted Baker plc is a United Kingdom-based global lifestyle company. The Company operates through three segments: Retail, Wholesale and Licensing. Its retail channel consists of stores, concessions and e-commerce, providing an omnichannel experience. The Company's wholesale business in the United Kingdom serves countries across the world, particularly in the United Kingdom and Europe. It also operates both territorial and product licenses. The Company offers a range of collections, including menswear, womenswear, accessories, bedding, childrenswear, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie, underwear and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, towels, wallcoverings and watches. The Company has approximately 375 stores and concessions around the world. The Company operates primarily in the United Kingdom, Europe, North America, Middle East, Africa, Asia, and Australasia.

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