<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p>Ted Baker has dumped Debenhams for high street rival Next as its fashion partner for selling its children’s range of clothing and accessories.</p>
<p>Bosses at the fashion chain revealed its Baker range will be designed in collaboration with Next, with the first collection hitting shelves next spring.</p>
<p>The decision to leave Debenhams comes less than a week after the department store unveiled its new chief executive, Stefaan Vansteenkiste, who will start his attempt to turn around the retailer after it went bust earlier in the year.</p>
<p>Debenhams will continue to sell Ted Baker lingerie but the childrenswear ranges will go when the relationship formally ends on February 29.</p>
<p>Lindsay Page, Ted Baker chief executive, said: <i>“Product licensing is a proven and highly successful pillar of Ted Baker’s strategy to expand as a global lifestyle brand.”</i></p>
<p>Analysts welcomed the decision, despite Ted Baker saying the deal will not immediately boost profits significantly.</p>
<p>Retail analysts at Liberum pointed out that the licensing business for Ted Baker has been particularly strong in recent years, accounting for 30% of profits.</p>
<p>They added: <i>“We believe the new agreement significantly de-risks Ted’s childrenswear business.</i></p>
<p><i>“Switching to Next brings in an ambitious new partner, with a strong balance sheet and the capacity to properly invest behind the product.”</i></p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ed1377bc887">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ed1377bc887',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.