The 110p-a-share proposal for the 550-store fashion retailer is worth around £200m
The preferred counterparty, believed to be Authentic Brands, no longer wants the 550-store chain
Two bids from the US private equity firm caused Ted Baker to raise the “for sale” sign
The fashion retailer has had “a number” of takeover offers
But that is no guarantee the suitor for the 550-store chain will make an offer
The fashion chain, with 550 stores, has decided to start a formal sales process
Clothing retailer with 560 stores has rejected a £254m approach from Sycamore Partners
The fashion chain will move into 101 on Cleveland next summer
Fashion retailer plans to continue its programme of rent renegotiations in the year ahead
Retailer says it expects its landlords to “adapt to the new economic reality”
Fashion retailer expects the total saved in its 2021 financial year to reach £16m
British Airways Pension Trustees pays £78.8m for fashion designer’s London HQ