Keeping up with the cash: SKIMS’ law firm hits record revenue Legal UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store. The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core [...]
Arts and crafts giant Hobbycraft sold to Ted Baker investor Retail Hobbycraft, which is one of the UK’s biggest arts and crafts retailers, has been snapped up by a specialist investor whose team has previously supported chains including Paperchase and Tie Rack. Investment group Modella Capital announced it had bought the Bournemouth-headquartered company from its majority owner, the fund management group Bridgepoint, for an undisclosed sum. [...]
Ted Baker seller in the red as jobs cut and stores closed amid focus switch to Suit Direct Retail A group which sells Ted Baker clothes across the UK slumped into the red as it significantly restructured itself to focus on its Suit Direct brand. As part of the move, Baird Group disposed of its license to sell Ben Sherman clothes, closed unprofitable stores, cut more than 100 jobs and appointed a new chief [...]
With Ted Baker stores set to close across the UK, what did consumers make of the brand? August 1, 2024 Yougov’s chief executive Steve Hatch takes a closer look at the data behind the biggest stories in business.
US licensing partner joins race to buy up remaining assets of embattled Ted Baker April 10, 2024 Ted Baker’s American licensing partner is reportedly the lead contender to take control of the businesses embattled British arm.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal April 9, 2024 Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
Ted Baker: 245 jobs and 15 stores including London Bridge slashed by administrators April 8, 2024 Over 200 jobs and 15 Ted Baker stores have been terminated as part of its administrative process, in another blow to high street.
Hundreds of jobs at risk as Ted Baker owner calls in administrators March 19, 2024 Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.
Ted Baker owner exploring UK store closures to reduce costs February 4, 2024 The US owner of fashion chain Ted Baker is reportedly considering a major cost-cutting plan that could see job losses and store closures.
Tumbling pound puts London firms at risk of foreign takeover frenzy September 29, 2022 A sharp fall in the value of the pound could put London-listed firms at further risk of foreign takeovers after a spate of acquisitions this year, experts have warned today.