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Ted Baker expands Next collaboration with lingerie, nightwear collection

The two designers are already working together on a childrenswear range

Ted Baker PLC - Ted Baker expands Next collaboration with lingerie, nightwear collection

Ted Baker PLC (LON:TED) has expanded its collaboration with fashion giant Next PLC (LON:NXT) with a lingerie and nightwear collection.

It comes as part of a three-year agreement and follows the current partnership on a childrenswear range, launched earlier this year.

READ: Ted Baker says e-commerce a bright spot as revenues slide

The collection, called B by Ted Baker, will launch in May 2021, when the current contract expires, and will be sold on both companies’ online channels.

Shares in Ted Baker rose 2% to 98p while Next was flat at 6,036p early on Friday.

Quick facts: Ted Baker PLC

Price: 99.7 GBX

LSE:TED
Market: LSE
Market Cap: £184.05 m
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