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ABG reportedly considering Ted Baker takeover bid

US licensing company Authentic Brands Group (ABG) has reportedly been named as one of the several parties showing an interest in a takeover bid for British retailer, Ted Baker. ABG, which recently acquired Reebok and holds a stake in David Beckham’s brand, is said to have joined the formal sales process, which was established by Ted Baker, after...

25 Apr 2022

Business

Ted Baker confirms Sycamore Partners joins formal sale process

Following the decision to launch a formal sale process, Ted Baker has announced that Sycamore Partners Management, the firm that initially made a takeover offer, will officially be participating in the process going forward. Last week, the retailer said it was open to pursuing a formal sale process after it received a flurry of interest from a...

14 Apr 2022

BusinessFeatured

Ted Baker enters formal sale process following takeover offers

Following its rejection of two sales proposals from Sycamore Partners Management, Ted Baker has now announced it will officially be opening itself up to potential takeover bids after seeing a string of interest in the company. The announcement comes as the British retailer said it had received an improved proposal from Sycamore as well as...

4 Apr 2022

Business

Ted Baker rejects 250 million pound takeover bid from Sycamore

After earlier reports of Sycamore, a New York-based private equity company, offering 250 million pounds for a takeover of Ted Baker, the fashion chain swiftly refused. Ted Baker declined the proposal which would see Sycamore pay 130 pence per share for the London-listed fashion brand. Sycamore increased the offer to 137.50 pence, which the brand...

28 Mar 2022

BusinessFeatured

US private equity firm reportedly mulling Ted Baker takeover

Sycamore Partners, a US private equity firm, could potentially be looking into a takeover bid for British fashion retailer Ted Baker. While the firm noted that it had no comment on the matter, multiple media reports have said Sycamore is in the early stages of considering a cash bid for the chain, with Bloomberg stating that the company has...

18 Mar 2022

Retail

Ted Baker signs new UK franchise deal with Aldrich Group

Ted Baker has signed a new licence franchise agreement with the Aldrich Group that will see the retailer potentially open several new stores. The deal also hopes to deliver on the brand’s strategic objectives and continue expanding on Ted Baker’s in-store experiences. In a statement on the franchisee’s website, the company’s CEO said: “This is a...

10 Mar 2022

Business

Ted Baker appoints Marc Dench as CFO

Ted Baker has announced the appointment of Marc Dench as chief financial officer (CFO) with effect from today. The company said in a statement that Marc will join the board and help lead the next phase of the company's transformation, succeeding David Wolffe who is leaving to pursue another opportunity and will resign as a director with...

8 Mar 2022

BusinessFeatured

Ted Baker posts 35 percent growth in Q4 sales

Ted Baker has reported a 35 percent year-on-year increase in group sales in the fourth quarter in the 12 weeks to January 29. Compared to Q4 pre-pandemic levels, retail sales were running at negative 10 percent before Omicron warnings, falling to 42 percent during the Omicron surge. Commenting on the update, Rachel Osborne, Ted Baker’s chief...

23 Feb 2022

Business

Ted Baker appoints chief customer, marketing and digital officer

Lifestyle brand Ted Baker has announced the appointment of Jason Beckley as its chief customer, marketing and digital officer, effective immediately. Beckley joins the company from Espirit, at which he held responsibility for the retailer’s brand, marketing and customer teams in his role as interim chief marketing officer. Beckley has also...

20 Jan 2022

People

Ted Baker taps new chief customer, marketing and digital officer

British luxury label Ted Baker has named Jason Beckley as its new chief customer, marketing and digital officer. Beckley joins from Esprit where he was chief marketing officer, a role that saw him head the brand, marketing and customer teams and lead consumer engagement across all channels. Earlier in his career, he spent spells at big-name...

19 Jan 2022

Business

Ted Baker makes board changes following death of chairman

Retailer Ted Baker has issued an update in relation to its board following the sudden death of its chair, John Barton, on December 6. The company has confirmed that a formal search for a new chair is underway, with Helena Feltham remaining as interim chair. Additionally, Andrew Jennings, who previously intended to step down from the board on...

20 Dec 2021

Business

Ted Baker chairman John Barton passes away

Ted Baker has announced the sudden death of the company’s chairman John Barton. The company added that senior independent director Helena Feltham will assume the role of interim chairman with immediate effect. “John was a source of great wisdom for me and for so many of us at Ted Baker and we will hugely miss his support and guidance. Our...

6 Dec 2021