Ted Baker: Fashion retailer receives ‘a number’ of bids from suitors as sale hots up April 27, 2022 Ted Baker confirmed it has been the recipient of a number of bids from suitors hoping to snap up the high street fashion retailer. The clothes seller entered into a formal sales process earlier this month, after being wooed several times by US private equity firm Sycamore. It had previously revealed it had been approached [...]
Ted Baker slashes losses as consumers splash cash on party and office-wear once more May 26, 2022 Ted Baker has narrowed its losses as the fashion brand edges closer to a private equity takeover. The London-listed retailer posted a loss before tax of £44.1m, an improvement of 59.1 per cent, in preliminary results for the year ended 29 January 2022. Ted Baker had suffered a £107.7m loss the year prior, after pandemic [...]
US private equity titan Sycamore abandons bid for Ted Baker May 23, 2022 Private equity giant Sycamore has pulled out of the race to snap up iconic fashion firm Ted Baker.
All Sold Up: Universal Music snaps up Elvis Presley hits April 12, 2022 The "King of Rock ‘n’ Roll” Elvis Presley is the latest music icon to have his song catalogue snapped up this afternoon by Universal Music.
Adidas sells Reebok to Authentic Brands for €2.1bn October 6, 2021 Adidas is selling Reebok to Authentic Brands Group for €2.1bn (£1.8bn) as the German sports giant looks to double down on its core brand. The deal is a significant markdown on the €3.1bn Adidas paid for Reebok in 2006 — a move intended to help compete with rival Nike. The merger failed to pay off [...]
Ted Baker owner exploring UK store closures to reduce costs February 4, 2024 The US owner of fashion chain Ted Baker is reportedly considering a major cost-cutting plan that could see job losses and store closures.
Hundreds of jobs at risk as Ted Baker owner calls in administrators March 19, 2024 Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal April 9, 2024 Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
US licensing partner joins race to buy up remaining assets of embattled Ted Baker April 10, 2024 Ted Baker’s American licensing partner is reportedly the lead contender to take control of the businesses embattled British arm.
Next pulls out of plans to buy Topshop-owner Arcadia January 21, 2021 Next has backed out of plans to buy Sir Philip Green’s collapsed retail empire Arcadia Group, potentially putting up to 13,000 jobs at risk. In a statement, the high street chain said it had withdrawn from plans to buy the Topshop owner because it was “unable to meet the price expectations of the vendor”. “Next [...]