Ray Kelvin, the founder of British fashion brand Ted Baker, resigned as its chief executive on Monday following allegations of harassment. Kelvin stepped down “in the best interests of the company”, executive chairman David Bernstein said. Ted Baker had 544 stores in August 2018, with 201 in Britain, 110 in Europe and 108 in North America. Kelvin, who denies allegations of misconduct, said stepping away was the “right thing to do”. Two employees, who did not wish to be identified, spoke to BBC radio.

Source: Pakistan Today March 05, 2019 05:37 UTC