East Midlands retail giants eye Ted Baker rescue deal
They have less than six weeks to make an offer for the stricken fashion business
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They have less than six weeks to make an offer for the stricken fashion business
Next PLC and Frasers Group PLC are sizing up buying Ted Baker's European retail division, The Times reported on Tuesday. The two FTSE 100-listed retailers each have contacted administrators at Teneo...
Retail giants Next and Frasers Group, led by Mike Ashley, have shown interest in acquiring Ted Baker's European retail business following its collapse into administration last month, with administrators exploring potential sale options.
Next and Frasers have emerged as potential suitors for what remains of the collapsed retailer Ted Baker.
Mike Ashley’s Frasers Group and Next have reportedly expressed an interest in purchasing Ted Baker’s stricken European retail arm.