Following allegations that Ted Baker’s Founder and CEO Ray Kelvin forced his employees to hug him and colleagues, the fashion retailer has spoken out revealing it is ‘determined to learn lessons’ from the scandal.
The announcement came in the firm’s annual results statement, in which it stated that it wanted all employees to feel ‘respected and valued’, reported the BBC.
The report also highlighted that it would ensure ‘appropriate changes’ were made, an especially profound statement since the hugging scandal hit headlines late last year.
The statement read: “The Board is committed to ensuring that all employees feel respected and valued. We are determined to learn lessons from what has happened and from what our employees have told us and to ensure that, while the many positive and unique aspects of Ted Baker's culture are maintained, appropriate changes are made.”
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