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KPMG has been fined £3m for misconduct in relation to audits of the financial statements of Ted Baker and No Ordinary Designer Label for the financial years ending 26 January 2013 and 25 January 2014.
Ted Baker is proving to be one of the success stories of 2017. Posting another set of good results this week, the brand has announced a 14% jump in half-year revenues.
Drapers investigates why big-name brands are banking on licensing for sales expansion and product extension when times get tough.