Ted Baker agrees £78.75m sale of HQ, provides coronavirus update

// Ted Baker completes £78.75m sale of Ugly Brown Building HQ in London to British Airways’ pensions scheme
// It has suspended all non-essential capital expenditure, stopped discretionary operating expense amid coronavirus
// However, it highlighted minimal disruption to supply chain, with  majority of Chinese factories now operationalTed Baker has announced that is has agreed terms for the sale of its London head office building while also providing an update on circumstances