Ted Baker closes down its last stores putting 500 retail jobs at risk

Ted Baker stores are closing down (Image: Getty) By the end of Tuesday, August 20, all of the fashion brand's outlets are expected to be shuttered . No Ordinary Designer Label (NODL), the company operating Ted Baker's UK shops, succumbed to administration in March of this year. In a move that saw 15 stores close and 245 jobs slashed in April 2024, the brand's decline was labelled a "long-running corporate car crash" by one analyst.

"Ted Baker is a rags to riches to rags story of the British rag-trade, a great shame," Shore Capital's Clive Black commented to the BBC , noting it as a "dark time" for the employees facing unemployment. Prior to its collapse, Ted Baker employed approximately 975 staff in the UK, managing 46 stores, an online platform, and concessions in department stores. function loadOvpScript(){let el=document.

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