The Latest Breaking News from Ted Baker

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British fashion chain Ted Baker said on Tuesday its preferred bidder will not make a takeover offer and it would now determine whether to take the formal sale process ahead with other proposals received. The London-listed group had put itself up for sale in April and said in late-May that…

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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…

British fashion chain Ted Baker posted a smaller annual loss on Thursday and pointed to robust sales in the coming months as demand for office and leisure wear rebounds following a gradual return to pre-pandemic lifestyles. The takeover target has picked a preferred suitor to take forward its sale process…

British fashion chain Ted Baker said on Monday it had picked a preferred suitor to take forward its sale process after a flurry of revised proposals from interested parties, while private equity firm Sycamore has dropped out. The sale plan will now move into a weeks-long process of "confirmatory due…

The high street retailer has now received multiple approaches to acquire the business

Ted Baker is open to selling itself at the right price after seeing a flurry of takeover interest, the British fashion retailer said on Monday in the wake of a robust rebound from the pandemic. Ted Baker launched a formal sale process after private equity firm Sycamore improved its takeover…

Fashion chain attracts fresh offers as well as bids from the former Kurt Geiger owner Sycamore

The British fashion brand has struggled amid a pandemic-related decline in sales of party clothing.

Britain's Ted Baker said on Monday it had rejected two unsolicited non-binding proposals from private-equity firm Sycamore Partners Management for a possible cash offer for the fashion retailer. Ted Baker said it had concluded the proposals from New York-based Sycamore significantly undervalued the company and failed to "compensate shareholders for…