2 minutes
BDO has taken over from KPMG as the auditor of Ted Baker. In January, Ted Baker reported that the value of inventory held on the group’s balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested.
2 minutes
Fashion retailer Ted Baker has announced that it will be cutting 160 jobs in a cost-cutting exercise. The company has said it will make cut 102 jobs and leave 58 current vacancies within the company unoccupied.
1 minute
Ted Baker has reported that the value of inventory held on the group's balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested. In December, the retailer announced an accountancy issue where the company m
2 minutes
Ted Baker CEO Lindsay Page and chairman David Bernstein have resigned as the fashion retailer issues a profit warning amid accountancy issues. Ms Page was only appointed as CEO in April this year.
1 minute
Clothing retailer Ted Baker has said that it might have overstated the value of its stock by between £20 million and £25m. A review of the companies' accounts will be carried out by law firm Freshfields Bruckhaus Deringer with independent accountants also being appointed to investigate t
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