Ex-JFS pupil who founded Ted Baker allowed to have active role in business again

The founder of the Ted Baker fashion chain – a former JFS pupil – is to have an active role in running the business once again after he quit as boss amid “forced hugging” claims.

Ray Kelvin, who owns almost 12 per cent of the fashion retailer, stood down in March last year amid allegations of inappropriate behaviour towards staff.

But in what has been described as a new “relationship agreement” by the firm,  he will now have a say in business decisions for the first time in nearly two years.

In a statement, Ted Baker said this agreement would “bring the benefits of access to Ray’s unique brand experience and insight while at the same time introducing clear guidelines that will ensure board independence is maintained and that the interests of the shareholders are prioritised and protected”.