Ted Baker’s under-fire management has received the backing of a top 10 investor amid a harassment scandal involving the retailer’s chief executive. Ted Baker’s under-fire management has received the backing of a top 10 investor amid a harassment scandal involving the retailer’s chief executive. The major shareholder, which declined to be named, told the Press Association that it remains “supportive of the management team”. “Ted Baker is a well-established global brand,” the investor said. The company’s stock recovered slightly on Wednesday after two successive days of decline, boosted by an endorsement from broker Liberum.

Source: Irish Independent December 05, 2018 12:45 UTC