US private equity titan Sycamore abandons bid for Ted Baker May 23, 2022 Private equity giant Sycamore has pulled out of the race to snap up iconic fashion firm Ted Baker.
Ted Baker: Fashion retailer receives ‘a number’ of bids from suitors as sale hots up April 27, 2022 Ted Baker confirmed it has been the recipient of a number of bids from suitors hoping to snap up the high street fashion retailer. The clothes seller entered into a formal sales process earlier this month, after being wooed several times by US private equity firm Sycamore. It had previously revealed it had been approached [...]
Reebok owner ABG could table offer for Ted Baker April 23, 2022 Authentic Brands Group, the management company behind Reebok and Forever 21, is reportedly considering to make a bid for Ted Baker. City sources told Sky News the group is among several parties who could make a play for the London-listed fashion chain on Thursday, even though it is still not certain. ABG’s proposal could be [...]
Ted Baker founder Ray Kelvin backs Sycamore bid April 17, 2022 Ousted Ted Baker founder Ray Kelvin has given his support to taking the retail giant private following a rocky performance since his departure.
Ted Baker: US private equity firm Sycamore will join formal sales process for fashion chain April 13, 2022 Ted Baker has given confirmation that New York-based suitor Sycamore will take part in a formal sales process. The retailer had previously rejected a number of bids from the US private equity firm, claiming their proposals had significantly undervalued the high street fashion chain. The announcement does not mean that Sycamore will certainly throw its [...]
Fever pitch: Battle for Ted Baker intensifies as new owners set to face post-pandemic high street ‘challenges’ April 4, 2022 Fashion chain Ted Baker has seen its share price boom after kicking off a formal sale process, with a third US private equity proposal. Analysts said the proposal comes as valuations of British companies have fallen in the wake of the pandemic and Brexit. Ted Baker has received an improved proposal from Sycamore, in addition [...]
Bidding war looming: Ted Baker launches formal sale process as retail giant receives yet another takeover offer April 4, 2022 Ted Baker has launched a formal sale process after receiving a third takeover move by US private equity suitor Sycamore Partners. Shares in the company jumped on Monday morning after the fashion brand said it had also received another “unsolicited” approach by an unnamed party. It comes a week after Ted Baker rejected two takeover [...]
Ted Baker turns down Sycamore’s £250m takeover bid March 28, 2022 Fashion chain Ted Baker has rejected a £250m takeover bid from New York based private equity firm Sycamore. The US firm had tabled a £250m offer for the chain last week, it was reported by Sky News at the weekend. The London-listed retailer confirmed it had rejected two non-binding proposals from Sycamore regarding a possible [...]
US private equity powerhouse Sycamore Partners makes £250m bid for Ted Baker March 28, 2022 US private equity group Sycamore Partners has reportedly made a formal £250m offer for the fashion chain Ted Baker.
Ted Baker steams ahead with UK expansion despite Omicron dent to sales February 23, 2022 Ted Baker is set to steam ahead with its UK expansion plans – with hopes of a least three new stores each year over the next three years – despite the Omicron-induced dent to sales. The retailer saw sales plunge 42 per cent during the Omicron surge, in comparison with the final quarter of 2019. [...]