The iconic Ted Baker fashion brand is closing the curtains on its UK shops, leaving 500 jobs at risk. Find out what happened!
In a heartbreaking turn of events, Ted Baker's remaining 31 stores in the UK are set to close their doors for the last time this week. The beloved brand, known for its quirky designs and quality attire, has been struggling to maintain its footing in the ever-changing landscape of fashion retail. Just two years after being purchased by Authentic Brands Group, the once-vibrant stores are now silencing the buzz of shoppers amidst growing uncertainties revolving around its future.
After plunging into administration back in March, Ted Baker faced numerous hurdles, including stalled negotiations regarding a potential licensing partnership with Mike Ashley's Frasers Group. The fashion world has been watching closely, but the winds of change blew too harshly for the long-standing retailer. Alas, all signs pointed to closure, and by the end of this week, the remaining shops will officially shut down, putting a staggering 500 jobs at risk. Fun fact: Ted Baker had previously operated 46 stores and boasted a staff of nearly 1,000 employees prior to this nearing disaster!
Furthermore, Ted Baker isn't just any other fashion label; the brand carved out a unique niche with its cheeky attention to detail and playful prints, making it a beloved name on the high street. However, this uncertainty and tumultuous time mirror a broader trend in retail as more brands buckle under the pressure of shifting consumer habits and economic strains. For those who adored the eccentricities of Ted Baker's designs, this closure feels like losing a part of personal style.
But it's not all grim newsโdid you know that the heart of the Ted Baker branding lies in its quirky slogan: "No Ordinary Designer Label"? Itโs a catchy phrase that reflects the ethos the brand stood for through the years, pushing boundaries of conventional fashion. Itโs a testament to the idea that even brands with rich histories can sometimes meet an unfortunate end, reminding us how vital adaptability is in the fashion realm. Though 500 people may be losing their jobs, the spirit of creativity and innovation evokes hope for the fashion-forward minds ready to take the stage in the future!
All of the fashion brand's stores are expected to have shut by the end of Tuesday. The firm behind Ted Baker's UK shops, No Ordinary Designer Label (NODL), fell ...
The brand's final store closures, expected to be completed by Tuesday, come just two years after US-based Authentic Brands Group bought the brand for a cut- ...
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 ...
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 ...
The clothing retailer fell into administration in March with partnership talks reportedly stalled.
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.
Dozens of Ted Baker stores will close permanently this week amid growing doubts over a future licensing deal with Mike Ashley's Frasers Group.
Fashion chain Ted Baker will close all its stores in the UK and Ireland this week, bringing an end to its position on high streets and putting more than 500 ...
The brand known for its quirky advertising and signature floral prints is the latest casualty on the High Street.
The high-street fashion brand, Ted Baker, has announced that its remaining 31 stores in the UK are to close this week, putting more than 500 jobs at risk.
The brand known for its quirky advertising and signature floral prints is the latest casualty on the High Street.
Its 31 remaining stores in the UK and Ireland will close before the end of the day on Tuesday and the website has also been closed.
The failure to save the shops puts hundreds of jobs at risk. Some 513 employees across the UK and 78 in Ireland, are expected to be affected by the ...
Middle-market brand went into administration in March but in many ways it is a surprise it held on so long.
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 ...