Independent probe: Shoppers walking past a Ted Baker store on Regents Street in London, Britain.Ted Baker in December announced an independent investigation into misconduct claims against Kelvin. — Reuters
BENGALURU: Ray Kelvin, founder and chief executive of British fashion retailer Ted Baker Plc, has resigned amid misconduct allegations related to his hugging of business colleagues. Ted Baker in December announced an independent investigation into misconduct claims against Kelvin.
“Mr Kelvin has denied all allegations of misconduct. He has, however, today agreed to resign with immediate effect from his position as chief executive officer and as a director of Ted Baker Plc,” the company said in a statement.
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