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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
Asharq Al-Awsat

UK’s Ted Baker Attracts ‘Number’ of Proposals from Potential Suitors

The Ted Baker logo is seen in Central Valley, New York, US, February 15, 2022. (Reuters)

Ted Baker has received "a number" of proposals from potentially interested suitors, it said on Wednesday, after the fashion retailer put itself up for sale earlier this month.

The British firm, which has nearly 400 locations mostly in Europe, North America and the United Kingdom, launched a formal sale process after private equity firm Sycamore improved its takeover proposal and another third party showed interest in bidding for the company.

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