It has also resulted in the removal of a more fifty eight position posts that are presently vacant.
It arrives just after it was declared yesterday that Ted Baker is hunting to promote its London headquarters to support enhance its harmony sheet amid an accounting crisis.
On ten December 2019, Ted Baker declared quite a few steps targeted on addressing underperformance and strengthening efficiencies throughout the wider team. Since that announcement, the group’s management crew has done a extensive-ranging evaluate of Ted Baker’s operational performance, expenses and business product.
In conducting the operational evaluate of the business, the management crew has identified crucial strategic priorities. These are: customer focus – increasing revenue through ”broadening and deepening Ted Baker’s shopper relationships” brand revitalisation – “re-energising” the Ted Baker brand and creativity of the Group product line extension – strengthening product relevance and broader product lines ecommerce development – boosting Ted Baker’s