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Ted Baker

OVERALL

Owned
USA
Rating
Criticism, some praise

Clothing retail

London-based fashion retailer founded in Scotland in 1988 and acquired by Authentic Brands Group in 2022.

Company Ownership

Ted Baker plc   UK     website   email   facebook   twitter
  Authentic Brands Group LLC   
   owns 100% of Ted Baker plc  
USA     website   email      

Brand development and licensing

Purchases brands in the sports, celebrity and fashion categories and licenses the intellectual property to leading retailers, wholesalers, and manufacturers worldwide. Acquired Juicy Couture in 2013, Tretorn in 2015 and Nautica and Nine West in 2018. Bought Van Heusen, Arrow and Izod from PVH, and Reebok from Adidas in 2021. Private equity firms BlackRock, CVC and HPS own significant stakes.

      BlackRock Inc   
       owns 30% of Authentic Brands Group LLC  
USA     website         

Asset management

World's largest asset manager, with about $7 trillion in assets under management.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Ted Baker plc
Environment CDP Climate Change Score of B
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2022)
Social Ethical Trading Initiative member
The Ethical Trading Initiative (ETI) is an alliance of companies, trade unions and NGOs. They work in partnership to improve the lives of workers across the globe who make or grow consumer goods - everything from tea to T-shirts, from flowers to footballs. This company's membership status is 'Foundation stage'.
Source: Ethical Trading Initiative (2021)
Business Ethics Transparency Pledge
The Apparel and Footwear Supply Chain Transparency Pledge (Transparency Pledge) helps demonstrate apparel and footwear companies' commitment towards greater transparency in their manufacturing supply chain. Transparency of a company's manufacturing supply chain better enables a company to collaborate with civil society in identifying, assessing, and avoiding actual or potential adverse human rights impacts. This is a critical step that strengthens a company's human rights due diligence. This company is fully aligned with the Transparency Pledge, thereby committing to regularly publish on its website a list naming all sites that manufacture its products.
Source: Transparency Pledge (2019)
Business Ethics 2/5 on Good On You
This company owns three brands rated 'Not good enough' by Good On You, whose rating system considers the most important social and environmental issues facing the fashion industry to assess a brand's impact on people, the planet and animals.
Source: Good On You (2022)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
Animals Angora ban
This company has taken angora items off the shelves and promised not to use angora again, following a PETA campaign launched in Dec 2013 which revealed the cruelty inflicted on angora rabbits in Chinese factory farms, where 90% of the world's angora is produced.
Source: PETA (2018)
Business Ethics Leather Working Group member
This company is a member of the Leather Working Group, a multi-stakeholder group who's objective is to develop and maintain a protocol that assesses the compliance and environmental performance of tanners and promotes sustainable and appropriate environmental business practices within the leather industry.
Source: Leather Working Group (2022)
Business Ethics SCAP signatory
This company is a signatory to WRAP's Sustainable Clothing Action Plan (SCAP). Signatories commit to a set of principles that work towards reaching the SCAP 2020 Targets to improve the sustainability of clothing across its life cycle by working collaboratively with industry, government and the third sector.
Source: WRAP (2017)
Social Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2018)
Social BHRRC company profile
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
Source: BHRRC (2022)
Business Ethics 24/100 in Fashion Transparency Index
The 2022 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their human rights and environmental policies, practices and impacts. Brands owned by this company scored 24%, signifying it is doing a bit more than the others when it comes to having policies and commitments in place and auditing and reporting activities, but could be doing more. The average score was 24% and the highest score was 78%.
Source: Fashion Revolution (2022)
Authentic Brands Group LLC
Social Forced labour in China
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of international brands, including brands owned by this company.
Source: ITUC (2020)
Business Ethics Part owned by BlackRock, which has criticisms
In 2019 US private equity giant BlackRock bought roughly a 30% stake in this company. BlackRock has several criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2019)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Founded 1988
Revenue 617 million GBP (2019)

Contact Details

Address London, United Kingdom
Email ask.ted@tedbaker.com
Website www.tedbakerplc.com

Products / Brands

Ted Baker
Ted Baker Womens Fashion
Ted Baker Menswear (casual)


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