The Latest Breaking News from Auntic Brands

Ted Baker’s Store Revenue Gains on Recovering Footfall, Formalwear Sales

British fashion group Ted Baker Plc said on Friday people were returning to its high-street stores and buying more formalwear and childrenswear, boosting its store revenue. The fashion retailer, known for its suits, shirts and dresses with quirky details, is benefiting from a turnaround plan, while growing demand for formal…

Asharq Al-Awsat · Sep 2, 2022

Juicy Couture Owner to Buy UK’s Ted Baker for about $254 Mln

Juicy Couture and Forever 21 owner Authentic Brands will buy Ted Baker in a deal worth roughly 211 million pounds ($254.26 million), the companies said on Tuesday, ending months of speculation on the fate of the British fashion chain. Ted Baker had put itself up for sale in April and…

Asharq Al-Awsat · Aug 16, 2022

Ted Baker Rises on Report Juicy Couture Owner Nears Takeover

Shares in Ted Baker rose 3.1% on Monday following a report that Juicy Couture owner Authentic Brands is the British fashion chain's preferred bidder and that the two firms could agree on a 300 million pound ($379.35 million) deal. Ted Baker put itself up for sale in April, and last…

Asharq Al-Awsat · May 30, 2022