Colin Elkins | Source | Vice President of Manufacturing Industries at IFS
Colin Elkins
Vice President of Manufacturing Industries at IFS
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Vice President of Manufacturing Industries
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Ted Baker hires Freshfields to probe a £25m balance sheet error
Ted Baker has warned investors that it is set to take up to a £25m hit after overstating the value of inventory on its balance sheet.
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In light of these revelations, the company needs to conduct a thorough evaluation of its entire business to ensure there aren’t any other mistakes hiding in the woodwork, and seriously review its supply chain management policies.
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