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Ted Baker Plunges After Profit Warning Adds to Clothier’s Woes

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Ted Baker Plc, the fashion chain rocked by an investigation of its founder’s behavior, plunged after it said profit for the year was hurt by adverse currency movements and other factors. Pretax profit for the year ended January 26 will now be about 63 million pounds ($84 million), the company said in a statement. Analysts…

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