|Bid||307.60 x 0|
|Ask||311.40 x 0|
|Day's range||304.20 - 313.00|
|52-week range||219.00 - 2,026.00|
|Beta (5Y monthly)||0.34|
|PE ratio (TTM)||119.77|
|Earnings date||21 Mar 2019|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||10 Oct 2019|
|1y target est||2,118.44|
This week we saw the Ted Baker Plc (LON:TED) share price climb by 20%. But the last three years have seen a terrible...
Roebuck, who previously worked as the multichannel marketing director at French Connection, will be tasked with developing a customer and digital strategy across the business and exploring new digital partnerships. The British company has suffered a string of setbacks in the last year, including profit warnings, an inventory overstatement, a decision to suspend dividend payments and several management changes after misconduct allegations against founder and top shareholder Ray Kelvin - which he has denied. Lindsay Page's promotion to chief executive officer last April was seen as a turning point for the company, which has been trying to move past all the bad publicity.
Ted Baker balance sheet error worse than feared as woes deepen. Struggling fashion retailer’s shares fall after £58m hole in accounts revealed
Ted Baker, which has not revealed the reasons for the overstatement, said a review by business consultants Deloitte had largely been completed and it planned to update the market further at its preliminary results, expected in late March. The overstatement was disclosed in December, weeks after the company appointed Rachel Osborne as its new finance head. It is the latest in a string of setbacks in the last year, including profit warnings, a decision to suspend dividend payments, and management changes after misconduct allegations against founder and top shareholder Ray Kelvin, which he denies.
British fashion retailer Ted Baker said on Wednesday that inventory on its balance sheet was overstated by 58 million pounds ($75.7 million) - more than double its preliminary estimate. Ted Baker has, however, seen its fortunes turn for the worse after allegations against former chief executive and founder Ray Kelvin relating to his habit of hugging business colleagues surfaced in 2018. Kelvin denies any improper conduct.
Lenders to Ted Baker, the struggling retailer which has been beset by financial and boardroom turmoil, have drafted in advisers to undertake an urgent assessment of its prospects. Sky News has learnt that Ted Baker's banking syndicate, which includes Barclays and Royal Bank of Scotland, have appointed restructuring experts from FTI Consulting to undertake an independent business review (IBR). Ted Baker endured the most difficult 12 months in its 31-year history in 2019, parting ways with founder and chief executive Ray Kelvin after a series of allegations by current and former employees about his behaviour.
British fashion retailer Superdry's first half profit has been all but wiped out as its new leadership addresses what it regards as the missteps of the previous management with a renewed focus on full price sales. The group, now led by co-founder and CEO Julian Dunkerton following a boardroom coup in April, cautioned on Thursday that its turnaround would take two to three years. Echoing comments from rival Ted Baker, which warned on profit on Tuesday, Superdry noted considerable risk over the peak trading period, with "highly promotional and competitive" market conditions.
* Asia shares fall slightly as trade deadline looms Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. With bookies giving a 75% chance of a Tory majority emerging from Thursday's election you would expect shares in British supermarkets to be looking a bit more forthcoming at the moment. "In the event of a Conservative majority government, we would expect sterling to rally", Colm Harney, a UK equity analyst at Sarasin & Partners says, adding that "as a result, large-cap UK domestically-focused names (like Tesco!) would benefit".
* Asia shares fall slightly as trade deadline looms Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Markets barely batted an eyelid at the UK economic data today.
* Asia shares fall slightly as trade deadline looms Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. ... and fulfil these two wishes for investors, so that they could have a happy and high holiday season. The calmness does make some investors nervous.