Ray Kelvin news and archive

Sealskinz launches first apparel collection and strengthens leadership team

British outdoors waterproof accessories brand Sealskinz, which was acquired by Ted Baker founder Ray Kelvin in November last year, has launched its first-ever apparel collection and named a new director of digital and marketing. Sealskinz, known for its gloves, hats and three-layer socks, is expanding into apparel with a debut collection aimed...

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Ted Baker appoints non-executive director

The board of Ted Baker plc has appointed Colin La Fontaine Jackson as a Non-Executive Director with immediate effect. The company said in a statement that Colin La Fontaine Jackson is appointed to the board as a nominee director for Ray Kelvin, the founder of Ted Baker. The company added that a new relationship agreement between the company and...

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Ted Baker confirms interim creative director appointment

British retailer Ted Baker has appointed American fashion designer Michael Bastion as its interim creative officer, with immediate effect. In a short statement, Ted Baker confirmed to FashionUnited over e-mail: “We are pleased to confirm the appointment of Michael Bastion as interim creative officer at Ted Baker, leading the design direction for...

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Founder Ray Kelvin may back Ted Baker buy-out

Shares in Ted Baker jumped on Monday after the Sunday Times report said that its founder Ray Kelvin may consider backing a private equity buyout of the company he quit in March, after allegations of "forced hugging" against him. Kelvin had been CEO of Ted Baker since its launch in 1988. According to the newspaper report, Kelvin, who had been CEO...

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Ted Baker founder and chief executive resigns

Ted Baker has confirmed that founder and chief executive officer Ray Kelvin has resigned with immediate effect. Kelvin took a voluntary leave of absence from his role as chief executive of Ted Baker in December 2018, after allegations of misconduct were made against him for “forced hugging” and harassment. Since that date an internal Independent...

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Ted Baker CEO takes leave of absence during probe into 'forced hugging'

Following accusations of “forced hugging” and harassment against its founder and CEO Ray Kelvin, Ted Baker, on December 3, 2018 announced the appointment of an independent committee of non-executive directors, which subsequently appointed Herbert Smith Freehills LLP to conduct an independent external investigation into the reports received. Now...

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Apparel

World Retail Congress announces Hall of Fame inductees

The World Retail Congress, due to take place in Paris at the end of September, has announced that Ted Baker founder and CEO Ray Kelvin will be among the this year’s inductees into its World Retail Hall of Fame. Kelvin will be joined by J.C. Penney chief executive, Mile Ullman and Sudhitham Chirathivat, chairman of the advisory board at Central...

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Ted Baker regains US soil and rise pre-tax profit to £24.2m

Ted Baker released Thursday its yearly results for 2010, which ended up thanks to a stronger performance across the group, which resulted in a 14.7% increase in its revenue to £187.7m and a 24.2% increase in profit before tax to £24.2m. The retail division delivered an increase in revenue of 11.9% to £152.7m on a 7.4% increase in average retail...