Interesting that he bought £3.5 million worth of new shares in the fundraising round.
The round has diluted his stake in Ted Baker down to 15.8%, so without his investment, he would have even less shareholding.
He might be one of those CEOs that return.
The stock itself is too risky for me, and my thesis is around e-commerce. I don’t think they do a good job there.
Has anyone here invested?