Ted Baker says may have overstated inventory by up to 25 million pounds

(Reuters) - Ted Baker Plc said on Monday it might have overstated inventory by as much as 25 million pounds, the latest in a string of challenges for the British fashion retailer's newly appointed boss.Shares were expected to tank as much as 30% when the market opens as per premarket indicators, deepening a 74% plunge so far this year.The company, which brought in Lindsay Page as chief executive officer this year following the departure of Ray Kelvin after misconduct allegations, said it expects..