Ted Baker Share Discussion Threads

[bookbroker] 14/6/2021 14:44

I doubt it, but they have to control the losses, Osborne always seems to be involved with companies in dire straits, but not being helped by an inept Govt. that hands out cash to those who least need it, then spend 000’s doing up their houses while claiming the furlough. Sunak seen as Mr Wonderful, easy when you have an open cheque book with unlimited resources. These companies need normality as regards consumerism to return, not pay people to stay at home!

[albanyvillas] 14/6/2021 14:24

Placing at 75p time again

[zingerburger] 14/6/2021 14:18

So the loss grew by 40% to £107m

So they lost £2m every week


They may as well stand at the street corner and burn £50 notes

[bookbroker] 14/6/2021 14:05

Problem for high street is this useless indecisive Govt. doing its best to destroy the confidence of the electorate. Johnson was elected because he had no competition, but it is time Covid was put to bed, and nightclubs re-opened, etc. We know that herd immunity is apparent, the numbers going down with these variants is totally insignificant. As for Ted., I’m not sure what analysts and investors thought, but to try and compare with the likes of Next is pointless. Ted. is a brand that is being revamped, is Osborne sharp enough I do not know, but their markets are quite different. It has survived thus far, but a suitor may see opportunity here.

[zingerburger] 14/6/2021 14:00

scemer14 Jun '21 - 14:28 - 2252 of 2254
0 0 0
Zing don't see running on empty from the accounts today please enlighten me




(Loss) GBP(107.7)m GBP(77.6)m 38.8%


So the loss grew by 40% to £107m

So they lost £2m every week


fuct

[luddenden7] 14/6/2021 13:35

As for brand, the facts dont lie. The company still has a very strong brand and far better than many industry competitors, especially amongst the young, the more affluent shoppers of tomorrow -

[scemer] 14/6/2021 13:28

Zing don't see running on empty from the accounts today please enlighten me

[micha14] 14/6/2021 11:15

@zingerburger- you dont have any subtancial evidence to back up yr bearish empty rhetoric

[micha14] 14/6/2021 11:13

The market is too negative and is not giving Teds management credit for some fantastic achievements in last 12 months, astutue sale of the building, prompt placing, extended bank facilities, tight cash management, mass redundancies, corrected accounting, franchisee model int JVs, higher customer base etc. All this against a backdrop of Covid19 crisis. Buffett says in the retailer the importance of management is amplified and this management is proving itself outstanding and deserves credit which market is not pricing in. Not to mention upgraded balance sheet guidance. BUY

[bookbroker] 14/6/2021 09:37

What makes you think Tosca wants out, is it because they reduced their percentage, this happens regularly in fund management.

[zingerburger] 14/6/2021 09:37

Problem is ted is running on empty

Without a placing it will hit the wall soon

[toffeeman] 14/6/2021 09:35

Translated:

Tosca want out - anyone (BooHoo) want to buy an (slightly) up-market clothing brand? You can close all the stores and do everything on-line.

[zingerburger] 14/6/2021 09:12

permanent discounts 70pc sale every day of the year

[bookbroker] 14/6/2021 09:11

These results were to be expected, you have to look at their market in the UK. It is mainly smart casual, and formal clothing excluding evening dress and suits. Their market was decimated for the months they were closed and no weddings and group gatherings, and the Xmas season was a total write off. Yes they have work to do, but if restrictions are finally eased and people can enjoy themselves then they will recover. Let’s face it the market for clothing has been eroded by the demise of many leading retailers, and deals with Next will help. This year has been hammered by the recent lockdowns, so patience required. All well and good the HL analyst crowing about their e-commerce business, but their product needs to be tried on or seen in the flesh, it is quite discretionary in its style. The rag trade is quite seasonal, and that has been upended!

[tomps2] 14/6/2021 08:51

TED FY21 results overview with Rachel Osborne CEO and David Wolffe, CFO.

Video:

Podcast:

[zingerburger] 14/6/2021 08:31

Sophie Lund-Yates, Equity Analyst at Hargreaves Lansdown:

“ What’s stark is the evidence the online business wasn’t up to scratch. While e-commerce revenue is positive, unlike the physical store-estate, this hasn’t come close to plugging the sales gap. And as restrictions are easing, that digital momentum looks to be dissipating, with online sales growing more slowly in the first quarter of the new year. Ted Baker needs to find a way to sustainably improve its online business, or it won’t bode well for trading patterns in the post-pandemic, digital-centric world.

looks fuct

[john09] 14/6/2021 08:08

Group revenue of £350m

That’s a shocker when did this become so small ?

[toffeeman] 11/6/2021 14:56

Just spent £80 in the sale

[buoycat] 11/6/2021 14:14

Telecom plus today announced delay to results due to covid. I don't think there's anything to worry about. Especially since TED have issued statement that results in line etc.

[john09] 10/6/2021 07:44

Erm. Really?

[bookbroker] 10/6/2021 07:19

Don’t read too much into it.