Ted Baker shares tumble after trading conditions warning

Fashion retailer’s chief executive says wintry weather in Europe and US has deterred shoppersMore than £140m has been wiped off the value of the fashion retailer Ted Baker after it warned that challenging trading conditions had been compounded by the recent heavy snows.The shares tumbled 13% on Thursday after its chief executive, Ray Kelvin, said that wintry weather had deterred shoppers from updating their wardrobes both here and in the US. Continue reading...