Company News 

Ted Baker bosses quit on profit warning

Ted Baker bosses quit on profit warning

Ted Baker's (TED) shares crashed after the clothing brand announced the departures of its chief executive and executive chairman. The group, which also issued a profit warning, has lurched from crisis to crisis over the past 12 months, and is currently mired in an accounting debacle after announcing earlier this month that it has overstated the value of its inventory levels over prior years.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now