Ted Baker posts loss, warns on full-year results

Ted Baker posts loss, warns on full-year results

Shares in Ted Baker shed more than a third of their value on Thursday, after the British fashion retailer’s second profit warning in four months. ’We have faced probably the most difficult trading conditions that I can ever recall in 30 years’, CEO Lindsay Page said. The company reported a pretax loss of 23M pounds, compared to a profit of 24.5M pounds a year ago, for the six months ended Aug. 10.

Clara
Clara
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