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Consumer Discretionary

Ted Baker PLC (TED LN)

Year: 2019

Ted Baker listed on the London Stock Exchange in July 1997. In December 2019, the company reported that an internal investigation had found that it had overstated inventory by £20m to £25m. This was subsequently increased to £58m in January 2020. The company reported a loss for the year and raised £76m new equity in June 2020. It was acquired by US company, Authentic Brands Group (ABG), for £211m in October 2022.

Last updated September 2023

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