Ted Baker

2024 - 8 - 18

Ted Baker Takes a Bow: 500 Jobs at Risk as Final Stores Close!

ted baker uk administration - brand history - fashion - Frasers Group - job loss - Mike Ashley - retail - Ted Baker - ted baker uk

The curtain falls on Ted Baker's stores in the UK as they close for good - find out what this means for the iconic fashion label and its employees!

Ted Baker, the iconic British fashion label known for its quirky designs and sophisticated style, is waving goodbye to its remaining stores across the UK. Originally starting as a men’s clothing line in Glasgow in 1987, Ted Baker's distinct prints and high-quality fabrics quickly earned it a dedicated following. However, as of this week, the brand will be closing the doors on its last 31 shops, endangering the jobs of over 500 employees amidst ongoing financial struggles and uncertainty surrounding its parent company, No Ordinary Designer Label (NODL), which went into administration earlier this year.

In March 2024, NODL fell into administration, forcing the brand to close 15 shops almost immediately. The news sent shockwaves through the retail industry as administrators scrambled to find a buyer. Although negotiations with retail sensation Mike Ashley were reportedly in the air, they eventually stalled, leaving the beloved Ted Baker brand teetering on the brink. This closure not only marks the end of an era for the brand but also reflects the harsh realities facing many brick-and-mortar retailers in today’s e-commerce dominated world.

The final closures have sparked disappointment among loyal customers, who are left to wonder where they will now find their favourite Ted Baker pieces. Fans of the brand will have to rely on its online platform or hope for a change of heart from potential buyers. The once vibrant Ted Baker shops, known for their stylish window displays and quirky interior décor, will soon become nothing more than a memory on high streets across the UK. It’s a bittersweet moment both for the employees facing job loss and for fashion enthusiasts who have adored the brand’s unique offerings.

While the future of Ted Baker remains uncertain, this situation highlights a larger trend affecting many traditional retailers. In the wake of the pandemic, many brands have struggled to pivot from their conventional models to embrace digital innovation. On a brighter note, did you know that Ted Baker was actually named after a fictional character? A brilliant marketing move that helped the brand stand out in the crowded world of fashion. Additionally, despite the closures, Ted Baker’s online store is still operational, giving its loyal customers an outlet to grab those last few items before they disappear forever!

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Image courtesy of "BBC News"

Ted Baker closes final stores putting 500 jobs at risk (BBC News)

Before it fell into administration, Ted Baker had about 975 employees in the UK and ran 46 shops, plus an e-commerce platform and department store concessions.

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Image courtesy of "Sky News"

Ted Baker shops shut for good amid doubts over Frasers deal (Sky News)

The fashion label's remaining 31 shops in the UK will close for the last time this week as uncertainty grows about a licensing partnership with Mike ...

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Image courtesy of "The Guardian"

Ted Baker's remaining stores to close this week, putting 500 jobs at ... (The Guardian)

Fashion brand Ted Baker's remaining 31 stores in the UK are to close this week, putting more than 500 jobs at risk. Started as a men's clothing label in ...

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Image courtesy of "Bromsgrove Advertiser"

All remaining Ted Baker stores in the UK to close this week (Bromsgrove Advertiser)

This comes as No Ordinary Designer Label (NODL), the firm behind the company's UK shops, went into administration in March 2024. Then in April, 15 shops were ...

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Image courtesy of "Daily Mail"

Ted Baker to close ALL of its remaining 31 stores risking 500 jobs ... (Daily Mail)

The firm behind Ted Baker's UK shops, No Ordinary Designer Label (NODL), fell into administration in March this year and its administrators closed 15 shops and ...

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Image courtesy of "WalesOnline"

Ted Baker 'to close all its remaining UK stores' (WalesOnline)

The well known British brand is reportedly shutting down its remaining UK shops, following on from the closures of 11 stores earlier this year.

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Image courtesy of "Mirror.co.uk"

Ted Baker will close all of its stores in just days with hundreds of ... (Mirror.co.uk)

It currently has 31 shops and employs more than 500 people. Administrators at Teneo had desperately scrambled to try to find a rescue buyer for the business.

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Image courtesy of "The Business of Fashion"

Report: Ted Baker to Close All Remaining UK Stores, Permanently ... (The Business of Fashion)

Negotiations between the British retailer's owner, Authentic Brands Group, and retail tycoon Mike Ashley have stalled, putting 500 jobs at risk as the ...

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Image courtesy of "Hexham Courant"

Ted Baker's remaining UK stores 'to close' (Hexham Courant)

The business behind the fashion brand's UK shops, No Ordinary Designer Label Limited, fell into administration in March.

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Image courtesy of "The Independent"

Ted Baker to close all remaining shops this week putting 500 jobs at ... (The Independent)

The clothing retailer fell into administration in March with partnership talks reportedly stalled.

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Image courtesy of "Largs and Millport Weekly News"

All remaining Ted Baker stores in the UK to close this week (Largs and Millport Weekly News)

This comes as No Ordinary Designer Label (NODL), the firm behind the company's UK shops, went into administration in March 2024. Then in April, 15 shops were ...

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Image courtesy of "BBC News"

Ted Baker closes final stores putting 500 jobs at risk (BBC News)

The firm behind Ted Baker's UK shops, No Ordinary Designer Label (NODL), fell into administration in March this year. In April, its administrators closed 15 ...

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Image courtesy of "Echo"

All remaining Ted Baker stores in the UK to close this week (Echo)

Before it went into administration, Ted Baker ran 46 shops and had around 975 employees as well as an e-commerce platform and department store concessions.

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Image courtesy of "Braintree and Witham Times"

All remaining Ted Baker stores in the UK to close this week (Braintree and Witham Times)

This comes as No Ordinary Designer Label (NODL), the firm behind the company's UK shops, went into administration in March 2024. Then in April, 15 shops were ...

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Image courtesy of "Kent Online"

Fashion giant Ted Baker to shut remaining stores this week (Kent Online)

A clothing brand of more than 35 years looks set to close all of its remaining stores in the UK in the coming days, including four in Kent.

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Image courtesy of "The Business Desk"

Frasers Group deal to rescue Ted Baker in doubt ... (The Business Desk)

Shirebrook-based Frasers Group's takeover of a stricken fashion retailer could be on the verge of collapse after it emerged that dozens of Ted Baker stores ...

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Image courtesy of "The Independent"

Ted Baker to close all remaining shops this week putting 500 jobs at ... (The Independent)

The clothing retailer fell into administration in March with partnership talks reportedly stalled.

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Image courtesy of "Drapers"

Ted Baker to close remaining stores tomorrow (Drapers)

The final 31 remaining stores of Ted Baker are set to close this week as uncertainty grows around the premium fashion retailer's potential for a licensing ...

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Image courtesy of "Business MattersBusiness Matters"

Ted Baker to close all UK stores as potential Mike Ashley deal falters (Business MattersBusiness Matters)

Ted Baker to close all remaining UK stores, putting 500 jobs at risk, as a potential rescue deal with Mike Ashley's Frasers Group stalls.

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Image courtesy of "Insider Media"

More than 500 jobs at risk with Ted Baker to close remaining stores (Insider Media)

On 22 March 2024, Benji Dymant and Daniel Smith of Teneo Financial Advisory were appointed as joint administrators of No Ordinary Designer Label Ltd (NODL), ...

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Image courtesy of "Retail Gazette"

Ted Baker shuts dozens of stores amid doubts over Mike Ashley ... (Retail Gazette)

Dozens of Ted Baker stores will close permanently this week amid growing doubts over a future licensing deal with Mike Ashley's Frasers Group.

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Image courtesy of "BBC News"

Ted Baker: What went wrong for the British fashion label? (BBC News)

The brand known for its quirky advertising and signature floral prints is the latest casualty on the High Street.

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Image courtesy of "BBC News"

Ted Baker: What went wrong for the British fashion label? (BBC News)

The brand known for its quirky advertising and signature floral prints is the latest casualty on the High Street.

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Image courtesy of "The Independent"

The rise and fall of Ted Baker (The Independent)

Founded in Glasgow by London-born entrepreneur, Ray Kelvin, the brand started off as a men's clothing label styled on Kelvin's self-named alter ego, based on an ...

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Image courtesy of "The Retail Bulletin"

Ted Baker to close remaining stores | Retail Bulletin (The Retail Bulletin)

Ted Baker's 31 remaining shops in the UK and Ireland are set to close this week with 500 jobs put at risk. According to a report by Sky News, ...

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Image courtesy of "Drapers"

The end of the Ted Baker era (Drapers)

As of tomorrow (20 August), all 46 Ted Baker stores and concessions in the UK and Europe will cease trading. It marked an end to the brand's 36-year ...

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Image courtesy of "Retail Gazette"

As Ted Baker closes its remaining stores, what went wrong? - Retail ... (Retail Gazette)

Ted Baker's administrators have announced that 15 stores will close as part of efforts to save the business. Retail Gazette delves into what went wrong at ...

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Image courtesy of "The Guardian"

Ted Baker's closure was foreseeable from a fashion perspective (The Guardian)

Middle-market brand went into administration in March but in many ways it is a surprise it held on so long.

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