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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Ted Baker Plc    TED   GB0001048619

TED BAKER PLC

(TED)
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Ted Baker names finance chief Rachel Osborne as CEO

03/30/2020 | 03:41am EST
Shoppers walk past a Ted Baker store on Regents Street in London

Troubled fashion retailer Ted Baker on Monday named Chief Financial Officer Rachel Osborne to the permanent role of chief executive officer, replacing Lindsay Page who stepped down last year.

The British company said the search for a chairman is progressing well and that Sharon Baylay will still lead as acting chair in the interim period.

Osborne, who has worked at Debenhams, John Lewis and a handful of other well-known UK retailers, joined the company in November as its CFO.

"I look forward to leading the business through this critical period of change and seeing the benefits of our plan come to fruition," Osborne said on Monday.

The statement came in after the company shut businesses earlier this month due to the coronavirus pandemic.

Osborne's predecessor Page left in December after multiple profit warnings that had come on the back of tough retail conditions, including subdued spending by consumers and steep costs.

The British retailer also suffered a string of management-related issues, given the misconduct allegations in 2018 against founder and top shareholder Ray Kelvin, who has denied them but stepped down later.

(Reporting by Tanishaa Nadkar and Muvija M in Bengaluru; Editing by Bernard Orr and Sherry Jacob-Phillips)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CHANGE INC. 8.49% 3770 End-of-day quote.6.95%
DEERE & COMPANY -2.28% 298.2 Delayed Quote.13.43%
TED BAKER PLC 1.69% 102.5201 Delayed Quote.-12.66%
THE LEAD CO., INC. 0.49% 824 End-of-day quote.-1.90%
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More news
Financials
Sales 2021 362 M 493 M 493 M
Net income 2021 - - -
Net Debt 2021 52,9 M 72,1 M 72,1 M
P/E ratio 2021 -2,02x
Yield 2021 -
Capitalization 187 M 256 M 255 M
EV / Sales 2021 0,66x
EV / Sales 2022 0,42x
Nbr of Employees 3 621
Free-Float 87,4%
Chart TED BAKER PLC
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Ted Baker Plc Technical Analysis Chart | TED | GB0001048619 | MarketScreener
Technical analysis trends TED BAKER PLC
Short TermMid-TermLong Term
TrendsBearishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 157,00 GBX
Last Close Price 101,40 GBX
Spread / Highest target 97,2%
Spread / Average Target 54,8%
Spread / Lowest Target 28,2%
EPS Revisions
Managers and Directors
NameTitle
Rachel Claire Elizabeth Osborne Chief Executive Officer & Director
Robert John Orr Barton Non-Executive Chairman
David Wolffe Chief Financial Officer
Andrew R. Jennings Independent Non-Executive Director
Helena Joan Feltham Senior Independent Non-Executive Director
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