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Ted Baker bosses resign as firm issues profit warning

Ted Baker bosses resign as firm issues profit warning
Tuesday 10
14:21 2019

Image copyright Getty Images Ted Baker boss Lindsay Page, who was only appointed in April, has resigned in the latest blow for the troubled fashion retailer. The brand's chairman David Bernstein has also quit, and it has issued another profit warning. Ted Baker shares fell by as much as 36% on the news before paring some losses. The firm, which is struggling with falling sales, said the past year had been the "most challenging in our history". It has also been dealing with the fallout of a misconduct scandal involving previous boss Ray Kelvin. Mr Kelvin denies the allegations which ...

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Read more from BBC UK : Ted Baker bosses resign as firm issues profit warning
BBC UK : Ted Baker bosses resign as firm issues profit warning

Summary: The chief executive and executive chairman at the High Street fashion retailer are to step down.

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