Ted Baker Bosses Quit in Blow to Embattled Fashion Chain
- Retailer suspends dividend, warns profit may fall 90%
- Recently appointed CFO Rachel Osborne becomes acting CEO
A Ted Baker sign at the London Bridge railway station.
Photographer: Chris J Ratcliffe/BloombergThis article is for subscribers only.
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Ted Baker Plc’s top management quit and the U.K. fashion chain suspended its dividend, triggering a plunge in the shares to the lowest since 2003.