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NEWSFLOW ARTICLE

Red (Ted) Flags at Night - Ted Baker CEO takes leave of absence at 4.27pm Friday

2018-12-09 00:02:48

On Friday evening at 4.27pm – just as the city was packing its bags for the weekend – fully listed Ted Baker (TED) released an RNS announcing that its embattled CEO was to take a leave of absence. The shares, which had been trading at around £15.20, crashed into the close and ended the day on a spread of £14.58-14.79, and an official close of £14.93 – but I fancy there will be more weakness to come as the city returns to work on Monday.

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Warmer, Wetter Weather Does Not Fill Me With Hope for this Great Designer

2018-10-17 07:19:39

Hello Share Twiners. Clothing firms face an uncertain future in my view. Even a company with a high reputation like Ted Baker (TED) does not have shares I would buy at the moment. The company’s latest half-year numbers showed that profits have dipped by 3.2%.

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