Ted Baker's 31 remaining UK stores are set to close this week, resulting in over 500 job losses, marking a significant decline for the brand.
NODL, the firm responsible for Ted Baker’s UK stores, entered administration in March 2024, leading to a rapid series of closures and job losses.
Authentic Brands Group, which owns Ted Baker’s intellectual property, is facing challenges following a failed partnership with AARC Group, contributing to the company's financial woes.
Discussions between Frasers Group and Authentic Brands regarding Ted Baker's future have stalled, leading to uncertainty about the brand's potential rescue or sale.
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