Retail news

• Ted Baker's Ray Kelvin: 'I can be hard work when I need to be'

  07-12-2018 20:10
  Quirky, snappy dresser, promoter of a hugging culture, has he revealed a darker side?Ask almost anyone who has met Ray Kelvin, the founder and boss of Ted Baker, and it is more than likely they will have a story about being hugged.City analysts, journalists, staff, suppliers and bankers alike tell of the snappily dressed chief executive taking them in swift embraces or long and intense bear hugs, planting kisses or even demanding press-ups. Continue reading...
  
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• Ted Baker boss takes leave amid more hugging claims

  07-12-2018 18:29
  Retailer has appointed Herbert Smith to investigate inappropriate behaviour allegations
  
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• Ted Baker boss takes leave amid further hugging claims

  07-12-2018 18:29
  Clothes retailer has appointed law firm Herbert Smith to investigate allegations of inappropriate behaviour
  
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• Ted Baker founder Ray Kelvin to take leave of absence

  07-12-2018 18:11
  Board says it has been made aware of ‘further serious allegations’ that it will be investigatingTed Baker founder Ray Kelvin is taking a leave of absence from the fashion company after the board said it had been made aware of “further serious allegations” that it would be investigating.In a statement issued to the stock market just before it closed on Friday afternoon, Ted Baker’s board said the chief operating officer, Lindsay Page, would be taking over as acting c
  
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• Stocks to watch: Altria, Cronos, Tesco, IMI, Rotork, IP Group, ABF

  07-12-2018 17:02
  Tesco could launch £1.5bn share buyback next year, forecasts UBS
  
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• Tesco acquittals set to curb corporate plea deals

  07-12-2018 16:44
  Lawyers say lack of SFO convictions could make companies more reluctant to co-operate
  
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• Primark warning sends shivers through high street in festive run-up

  07-12-2018 15:20
  Challenging trading conditions hit UK’s third-largest clothing retailer in NovemberPrimark sent a shiver through the high street on Friday as it warned of “challenging” trading conditions, with Brexit jitters threatening the busiest shopping weeks of the year.Sales at the UK’s third-largest clothing retailer, behind Next and the market leader M&S, have been bucking the high street gloom but Primark warned of subdued sales for November as fewer shoppers visited its sto
  
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• Cost of Christmas dinner rises

  07-12-2018 15:00
  Discount supermarkets remain the cheapest option for festive lunch
  
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• Stocks to watch: Tesco, IMI, Rotork, IP Group, Ted Baker

  07-12-2018 12:44
  UK grocer could launch £1.5bn share buyback next year, forecasts UBS
  
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• China’s Anta offers to buy Finland’s Amer for €5.6bn

  07-12-2018 10:57
  Deal would be largest purchase by a Chinese company in Europe this year
  
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• Ted Baker boss was given formal warning for shoving executive

  07-12-2018 10:30
  Ray Kelvin sanctioned over confrontation in firm’s offices over lack of wedding invitationThe chief executive of fashion chain Ted Baker, who is facing multiple allegations of inappropriate behaviour towards staff, was handed a formal warning by his board following an incident in which he shoved a senior executive against a wall after learning he was not invited to the colleague’s wedding.Ray Kelvin was sanctioned by directors following a confrontation in the fashion firm’s off
  
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• Primark trading 'challenging' in November

  07-12-2018 09:55 via theretailbulletin.com
  Primark owner Associated British Foods has said that its profit expectations remain unchanged despite challenging trading at the fashion chain in November.
  
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• Lowry Outlet adds Regatta and Baggage Factory to line-up

  07-12-2018 09:55 via theretailbulletin.com
  Lowry Outlet in Manchester is adding Regatta and Baggage Factory to its line-up in time for the busy festive and winter sale period.
  
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• Games Workshop's first half performance in line with expectations

  07-12-2018 09:55 via theretailbulletin.com
  Games Workshop has said it is trading in line with expectations after reporting that it made sales of around £124 million in the first half of its financial year.
  
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• Debenhams and Eden Mill launch in-store pop-up bars for Christmas

  07-12-2018 09:55 via theretailbulletin.com
  Debenhams has teamed up with gin and whisky distillery Eden Mill to launch a series of pop-up bars in its department stores in the run-up to Christmas.
  
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• Clas Ohlson to close UK stores

  07-12-2018 09:55 via theretailbulletin.com
  Swedish homewares retailer Clas Ohlson is to close its UK stores as part of plans to take a “new direction” for its operations outside of the Nordics region.
  
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• UK shoppers to spend seven times their weekly grocery budget on festive food

  07-12-2018 09:52 via theretailbulletin.com
  A new study has found that UK shoppers will spend an average of £166 per person on their Christmas groceries.
  
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• Facing the consequences: Och-Ziff executives forgo dividends

  07-12-2018 06:00
  Welcome to Due Diligence, the FT’s daily deals briefing
  
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• Final Call: Omnichannel Futures Conference 2019

  07-12-2018 04:49 via theretailbulletin.com
  Save the date! 6 February, Cavendish Conference Centre, London
  
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