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Ted Baker launches probe into CEO ‘hugs’

Neil Hodge | December 11, 2018

The boss and founder of fashion retailer Ted Baker has taken a “leave of absence” just days after the company announced that it was bringing in a top law firm to investigate allegations of sexual misconduct against him.

Chief Executive Ray Kelvin has been accused of giving unwanted hugs to employees and has temporarily stepped down amid claims of “further serious allegations” about his conduct.

The scandal has gained traction quickly, with the company’s share price dropping more than 20 percent within a week of the claims emerging, though the company had also reported a slight (0.2 percent) fall in group sales as the story broke.

The original allegation was made on 2 December when an anonymous employee launched a petition on the campaigning workers’ rights website www.organise.org.uk highlighting Kelvin’s apparent preference for hugging rather than a handshake.

Addressed to Ted Baker’s board, the...

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