THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail Marketplace Strategy 2023
Omnichannel Futures 2023
Retail HR Central
Digital Transformation Strategy 2023
Customer Engagement Strategy 2023
Retail HR 2023
THE Retail Conference 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Ted Baker says preferred suitor will not make an offer for the business

Fashion retailer Ted Baker has said its preferred suitor has decided against making an offer for the business. Last month, the company announced that it had… View Article

FASHION

Ted Baker says preferred suitor will not make an offer for the business

Fashion retailer Ted Baker has said its preferred suitor has decided against making an offer for the business.

Last month, the company announced that it had selected a “preferred counterparty” to take forward into a process of due diligence.

However, Ted Baker said today that it was informed last night that the suitor would not be proceeding with an offer and that the decision was not linked to any due diligence review.

There had been speculation that Reebok owner Authentic Brands was interested in buying business.

Meanwhile, private equity firm Sycamore pulled out the race to buy the retailer last month.

Ted Baker also announced in May that it had  received a number of other non-binding proposals for the business and it will now be considering whether to proceed with any of those options.

The retailer added: “There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made.  Further announcements regarding the formal sale process will be made when appropriate.” 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News