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On today's statement Ted Baker shares remain an avoid for me

By Chris Bailey | Monday 14 June 2021

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.

At various points during the last five years, the ‘British luxury clothing retail company’ Ted Baker (TED) has been written about on this website, almost exclusively describing it as having a range of business issues. If only it was just losing money! And whilst the shares have pushed up over 75% since December (thanks general bump in the market!), over the last five years they are down a cool 92%, moving from a multi-billion market cap at one point to c£300 million today. The question today is whether it is even worth this?

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