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Ted Baker caption contest as CEO & Founder quits because he is innocent of groping allegations

By Tom Winnifrith | Monday 4 March 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


In December 2018 Ted Baker (TED) brought in lawyers Herbert Smith Freehills to investigate allegations that its founder and CEO Ray Kelvin had groped members of staff. That enquiry is ongoing but will now focus on Ted Baker's internal controls. Kelvin insists he is innocent but has now quit with immediate effect. In light of that, we bring you two images from Baker's last annual report (which showed Kelvin trousering £1.6 million) and ask you to supply suitable captions on the comments section below by midnight tonight. As ever, the winner will receive a semi naked photo of Britain's top share blogger (mornings only), Thirsty Paul Scott.

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