Luxury fashion retailer Ted Baker has instructed CAPA to audit more than 50 of its stores around the UK.
CAPA will be conducting a service charge audit on the properties, most of which are in prime locations in all major city high streets and airports, to help the retailer save and recover costs across its store portfolio.
Ted Baker trades from nearly 500 outlets and concessions around the world, with the majority operating in the UK and USA. Engaging CAPA will help the business save potentially vast sums amid a tough trading environment for retailers.
The instruction means CAPA’s Audit team will now use bespoke software to conduct a forensic audit of service charge management costs on 51 sites Ted Baker trades from.
The team will inspect the data to uncover any errors, anomalies and overspend on service charges. CAPA will then recover any overspent sums for Ted Baker on a no-win, no-fee basis.
