By Emily Jane Davies Published: 16:17 BST, 18 August 2024 | Updated: 17:18 BST, 18 August 2024 Ted Baker will close all of its remaining 31 stores this week, risking 500 jobs four months after going into administration. All of the fashion brand’s stores are expected to have shut by the end of Tuesday. It...
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The ever changing face of Britain’s High Street: One in seven stores are now empty
High Streets that were once the pride of British communities are being gutted worrying new figures show, with shops sitting empty and the North East the worst hit by vacancies – while retail giants like Zara and Primark are bucking the trend. Last week it was revealed that nearly 100 stores in one Suffolk seaside...
Iconic British brand Ted Baker beloved by celebrities from Holly Willoughby to Amal Clooney ‘calls in administrators’ – putting 86 stores and hundreds of jobs at risk
Iconic British fashion brand Ted Baker beloved by celebrities has called in the administrators, putting 86 stores and hundreds of jobs at risk. The firm No Ordinary Designer Label, which is owned by the Authentic Brands Group (ABG) and trades as Ted Baker filed a notice of intention to appoint administrators Teneo Financial Advisory today. Going into...