Ted Baker in free fall in 2019

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12 December 2019 à 17h04

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2 minutes

Publication: 12 December 2019 à 17h04

Reading time: 2 minutes

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Publication

12 December 2019 à 17h04

Reading time

2 minutes

Publication: 12 December 2019 à 17h04

Reading time: 2 minutes

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As Ted Baker (€705 million revenue in the fiscal year to January 2019) disclosed falling sales and controversy over the valuation of inventory, key executives announce resignation. Indeed, David Bernstein has stepped down as Executive Chairman with immediate effect and Lindsay Page has resigned as C.E.O. The fashion retailer is facing its third profit warning this year, after sales during November and the Black Friday came in “below expectations”. Earlier this month, Ted Baker appointed externa

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