Ted Baker CEO and chair quit amid fresh profit warning

Ted Baker New York

Ted Baker has been plunged further into crisis after parting company with its chief executive and chair following a fresh profit warning.

The fashion retailer and brand’s boss Lindsay Page, who only took the reins permanently in April, has stepped down with immediate effect. Finance boss Rachel Osborne has been named interim chief executive.

Executive chair David Bernstein, who had been due to leave the business next year, has also left the business as it wrestles to arrest tumbling sales.

Sharon Baylay has been named acting chair.

The top level departures come as Ted Baker was forced to issue its third profit warning this year after trading during November and the Black Friday period came in “below expectations”.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.