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Ted Baker warns of GBP25m inventory overstatement

2019-12-02 11:13:00| Daily apparel & textile news and comment - from just-style.com

UK fashion and lifestyle brand Ted Baker is to launch an independent review after identifying the value of stock held on its balance sheet has been overstated.

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Ted Baker probes 25m stock overstatement

2019-12-02 08:52:18| BBC News | Business | UK Edition

The fashion retailer appoints a major law firm and independent accountants to carry out a review.

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Tesco suspends Dan Jago as profit over-statement snowballs - reports

2014-10-14 15:07:19| Daily beverage news and comment - from just-drinks.com

Tesco's director of wine, spirits and beer, Dan Jago, is reported to have been suspended, as the UK supermarket chain is under investigation following a potential GBP250m (US$400m) over-statement of its profits.

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Tesco under investigation following overstatement

2014-10-01 11:52:00| Daily apparel & textile news and comment - from just-style.com

Tesco has revealed the group is under investigation by the Financial Conduct Authority (FCA) after the retail behemoth last week revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts.

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UK: Tesco shares fall on H1 profit overstatement

2014-09-22 10:40:58| Daily apparel & textile news and comment - from just-style.com

Tesco's share price fell nearly 8% in early trading as the UK retail behemoth revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts.

Tags: fall profit shares tesco

 

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