#TED Baker – recommended 110p per share offer from Authentic Brands Group

#TED Baker – “preferred counterparty” not to proceed with offer, to review the other proposals

#TED Baker – selected preferred counterparty in formal sale process

#TED Baker – “received a number of non-binding proposals”, to enter due diligence process

#TED Baker – Sycamore Partners Management L.P. to participate in company’s formal sale process

#TED Baker – two possible offer proposals from Sycamore Partners rejected, latest at 137.5p per share

#TED Baker – Sycamore Partners “in the early stages of considering making a possible cash offer”

#TED Baker – CFO David Wolffe “immediate effect” resignation “to pursue another opportunity”, appointment of Marc Dench

#TED Baker – Q4 retail sales -10% v. pre-pandemic levels before Omicron warnings, but -42% during Omicron surge

Ted Baker shares remain (in my view) passé

Five months, ago here, I observed that the ‘British luxury clothing retail company’ Ted Baker (TED) ‘remains a sell for me’.  Their shares back then were at about a 155p share price and they finished Friday at a level of 130p.  So even though the shares may be slightly up over the last year, any owner since 2017-18 has seen a near 90% share price fall.  

#TED Baker – H1 still loss, net cash down to £12.7m

A continuation of my previous expectations for both DS Smith and Ted Baker

It is just over 25 years since I first analytically appraised the multinational packaging business DS Smith (SMDS). It was a very different business back then as the world of paper and plastics in the 1990s was relevant but dull (in other words the perfect space to write an analytical dissertation for my postgraduate Finance and Investment course). Life has rolled on at multiple levels but I have been excited by this name for the last couple of years, last noting in June that I ‘typically loving-up its exposure to e-commerce delivery box-making…along with a capability for sustainable packaging solutions, paper products and recycling services worldwide’. It is good to see the new year-to-date high this morning following the publication of its AGM update (even though the share did reach a slightly higher level back in 2018).

#TED Baker – Q2 “sales in line with expectations, significant improvement in full price mix”

#TED Baker – new HQ lease agreement, emphasises cost savings

On today's statement Ted Baker shares remain an avoid for me

At various points during the last five years, the ‘British luxury clothing retail company’ Ted Baker (TED) has been written about on this website, almost exclusively describing it as having a range of business issues. If only it was just losing money! And whilst the shares have pushed up over 75% since December (thanks general bump in the market!), over the last five years they are down a cool 92%, moving from a multi-billion market cap at one point to c£300 million today. The question today is whether it is even worth this?

#TED Baker – FY swing to even adj. loss, though upgrade of financial targets

#TED Baker – amended covenants & extended credit facility maturity to November 2023

#TED Baker – new territory licence deals for MENA and Indonesia

Ted Baker – a “Notice of Results” that’s not just a notice of results...

Previously writing on self-proclaimed ‘global lifestyle brand’ Ted Baker (TED), in December with the shares around 120p I concluded I’d want some clear financial evidence of trading transformation before considering from here. Today a “Notice of Results”-titled announcement... and the shares currently more than 5% further lower below 100p?...

Ted Baker – interims, “very confident… right strategy in place”?...

Self-proclaimed ‘global lifestyle brand’ Ted Baker (TED) has announced interim results, emphasising “our balance sheet is materially stronger than we had envisaged this early in the plan… we are confident that we have the right strategy and team in place and that we are setting the business up for future success”. The shares have currently responded to around 120p, er more than 10% lower!...