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United Kingdom

Ted Baker PLC (TED.L)

TED.L on London Stock Exchange

1,443.00GBp
21 May 2019
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Latest Key Developments (Source: Significant Developments)

Ted Baker Appoints Helena Feltham As An Independent Non-Exec Director
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Ted Baker PLC ::APPOINTMENT OF NON-EXECUTIVE DIRECTOR.APPOINTMENT OF HELENA FELTHAM AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR WITH EFFECT FROM 1 MAY 2019..HELENA WAS FORMERLY PEOPLE DIRECTOR AT B&Q.  Full Article

Ted Baker Appoints Lindsay Page As CEO
Thursday, 11 Apr 2019 

April 11 (Reuters) - Ted Baker PLC ::TED BAKER PLC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER.TED BAKER PLC - APPOINTMENT OF LINDSAY PAGE AS COMPANY'S CHIEF EXECUTIVE OFFICER WITH IMMEDIATE EFFECT.TED BAKER PLC - IN DEC 2018, PAGE WAS APPOINTED ACTING CEO.TED BAKER PLC - NOMINATION COMMITTEE IS CONSIDERING FURTHER BOARD APPOINTMENTS, WHICH WILL BE ANNOUNCED IN DUE COURSE.  Full Article

Ted Baker Creates JV To Expand Brand In Mainland China, Hong Kong And Macau
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Ted Baker PLC ::TED BAKER PLC - JOINT VENTURE.TED BAKER PLC - CREATION OF JOINT VENTURE TO EXPAND TED BAKER BRAND IN MAINLAND CHINA, HONG KONG AND MACAU.TED BAKER - NEW JV TO OPERATE TED BAKER RETAIL, CONCESSIONS AND ONLINE CHANNELS IN SIGNIFICANT MAINLAND CHINA, HONG KONG AND MACAU MARKETS.TED BAKER PLC - TED BAKER'S NET CASH CONTRIBUTION IS ANTICIPATED TO BE IN REGION OF RMB30M (C.£3.4M) FOR JV.TED BAKER PLC - JOINT VENTURE IS EXPECTED TO BE MARGINALLY ENHANCING TO GROUP PROFIT BEFORE TAX IN CURRENT FINANCIAL YEAR.TED BAKER PLC - AS PART OF DEAL, TED BAKER WILL TRANSFER ITS OPERATIONS IN CHINA AND HONG KONG INTO NEW JOINT VENTURE.TED BAKER PLC - ANTICIPATES TRANSACTION RELATED COSTS AT COMPLETION OF APPROXIMATELY £6.5M.TED BAKER - TO ISSUE SHARES IN UNIT BAKER HONG KONG TO JV PARTNER FOR A TOTAL SUBSCRIPTION PRICE OF RMB50M FOR 50% INTEREST IN SHARES IN TBHK.TED BAKER PLC - ANTICIPATES AROUND RMB 40M (C.£4.6M) OF TOTAL CAPEX FOR JV FOR CURRENT YEAR AND NEXT FULL FINANCIAL YEAR.  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.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.  Full Article

Ray Kelvin Comments On Resignation As Ted Baker CEO
Friday, 1 Mar 2019 

March 4 (Reuters) - Ted Baker's Former CEO Ray Kelvin::SAYS "I'VE DECIDED THAT RIGHT THING TO DO IS TO STEP AWAY FROM TED".SAYS "I'LL SUPPORT LINDSAY IN HIS LEADERSHIP AND BE AVAILABLE TO HIM AND TEAM WHEREVER I CAN OFFER HELPFUL ADVICE".SAYS PAST FEW MONTHS WERE "DEEPLY DISTRESSING", WILL BE TAKING TIME PRIVATELY TO CONSIDER NEXT STEPS.  Full Article

Ted Baker warns on full-year profit
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Ted Baker PLC ::TED BAKER PLC - UPDATE ON PROFIT EXPECTATION FOR YEAR 18/19.TED BAKER PLC FY PROFIT BEFORE TAX IS NOW EXPECTED TO BE IN REGION OF £63M.TED BAKER PLC - NET BORROWING POSITION FOR YEAR 18/19 REMAINS IN LINE WITH PRIOR EXPECTATIONS.TED BAKER - PRE-TAX PROFIT FOR YEAR 18/19 HAS BEEN ADVERSELY AFFECTED BY FOREIGN EXCHANGE MOVEMENTS IN FINAL WEEK OF FINANCIAL YEAR.TED BAKER - PRE-TAX PROFIT FOR YEAR 18/19 ALSO ADVERSELY AFFECTED BY SYSTEMS AND WAREHOUSING TRANSITIONS IN ASIA AND US.TED BAKER - RECENT SYSTEMS AND WAREHOUSING TRANSITIONS IN ASIA AND US, MORE PRUDENT VIEW ON AGED STOCK, RESULTED IN WRITE-DOWN OF ABOUT £5M.  Full Article

Ted Baker's Retail Sales Rise 12.2 Pct In 5 Weeks To Jan 5
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Ted Baker PLC ::RETAIL SALES INCREASED BY 12.2% FOR 5 WEEK PERIOD FROM 2 DECEMBER 2018 TO 5 JANUARY 2019 ( "PERIOD"), COMPARED TO SAME PERIOD LAST YEAR.GROSS MARGINS REMAIN IN LINE WITH OUR EXPECTATIONS FOR FULL YEAR.EXPECT TO END YEAR WITH A CLEAN STOCK POSITION.BOARD ANTICIPATES THAT RESULTS FOR 52 WEEKS ENDING 26 JANUARY 2019 WILL BE IN LINE WITH ITS EXPECTATIONS.WORK OF INDEPENDENT EXTERNAL INVESTIGATION BY HERBERT SMITH FREEHILLS LLP IN RESPECT OF RECENT MEDIA REPORTS AND PETITION IS PROGRESSING.  Full Article

Ted Baker CEO takes leave of absence while allegations are investigated
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Ted Baker PLC ::CHIEF EXECUTIVE OFFICER - LEAVE OF ABSENCE.INDEPENDANT COMMITTEE APPOINTED HERBERT SMITH FREEHILLS LLP TO CONDUCT AN INDEPENDENT EXTERNAL INVESTIGATION INTO REPORTS RECEIVED.BOARD HAS APPOINTED CHIEF OPERATING OFFICER LINDSAY PAGE AS ACTING CEO WITH IMMEDIATE EFFECT WHILE RAY KELVIN REMAINS ON LEAVE.APPOINTED INDEPENDENT COMMITTEE OF NON-EXECUTIVE DIRECTORS TO ENSURE CONCERNS RAISED IN MEDIA REPORTS ARE RECOGNISED AND CAREFULLY CONSIDERED.COMMITTEE, BOARD BEEN MADE AWARE OF FURTHER SERIOUS ALLEGATIONS ABOUT CONDUCT OF FOUNDER AND CEO, WHICH IT WILL BE INVESTIGATING.RAY KELVIN HAS AGREED HE WILL TAKE A VOLUNTARY LEAVE OF ABSENCE FROM HIS ROLE WITH COMPANY WHILE THESE ALLEGATIONS ARE INVESTIGATED.  Full Article

Ted Baker 16-weeks revenue falls marginally
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Ted Baker PLC ::TED BAKER PLC - TRADING UPDATE.TED BAKER PLC - ANNOUNCES A 0.2% (0.4% IN CONSTANT CURRENCY) DECREASE IN GROUP REVENUE FOR 16 WEEK PERIOD FROM 11 AUGUST 2018 TO 1 DECEMBER.TED BAKER PLC - IN UK, EUROPE AND EAST COAST OF AMERICA, TRADE WAS AFFECTED BY UNSEASONAL WEATHER AT START OF PERIOD.TED BAKER PLC - TOTAL RETAIL SALES INCLUDING E-COMMERCE INCREASED BY 2.3% (2.1% IN CONSTANT CURRENCY) FOR PERIOD.TED BAKER PLC - TRADING IN UK CONTINUES TO BE IMPACTED BY WELL-PUBLICISED CHALLENGES FACING SOME OF TRADING PARTNERS.TED BAKER PLC - E-COMMERCE SALES INCREASED BY 18.0% (15.3% IN CONSTANT CURRENCY) FOR PERIOD.TED BAKER PLC - CONTINUE TO ANTICIPATE MID TO HIGH SINGLE-DIGIT WHOLESALE SALES GROWTH (IN CONSTANT CURRENCY) FOR FULL YEAR.TED BAKER PLC - FOR 16 WEEK PERIOD, RETAIL AND WHOLESALE GROSS MARGINS WERE IN LINE WITH EXPECTATIONS.  Full Article

Ted Baker Appoints Independent Committee To Consider Petition On Co, Founder
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Ted Baker PLC ::RESPONSE TO MEDIA REPORTS AND PETITION.NOTES RECENT MEDIA REPORTS AND PETITION IN RESPECT OF BUSINESS AND ITS FOUNDER AND CEO, RAY KELVIN.INDEPENDENT COMMITTEE OF NON-EXECUTIVE DIRECTORS HAS BEEN APPOINTED TO CONSIDER PETITION IN RESPECT OF BUSINESS, FOUNDER KELVIN.BOARD HAS DIRECTED URGENT INDEPENDENT EXTERNAL INVESTIGATION TO BE CARRIED OUT INTO MATTERS RELATING TO PETITION.  Full Article

Ex-divs to take 23.6 points off FTSE 100 on May 16

MILAN, May 13 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 23.6 points off the index. (RIC) COMPANY DIVIDEND STOCK IMPACT (pence) OPTION GLAXOSMITHKLINE 1