Ted Baker CEO Resigns After 'Forced Hugging' Complaints
The company says Ray Kelvin, who founded the fashion retailer more than 30 years ago, had resigned "with immediate effect." He will not be entitled to any salary or benefits payments.
The CEO of British fashion retailer Ted Baker has resigned after allegations of misconduct, including complaints of "forced hugging."
The company said Monday that Ray Kelvin, who founded the firm more than 30 years ago, had resigned "with immediate effect." He will not be entitled to any salary or benefits payments in connection with the resignation, the company added.
