Stock image of a clothing rail inside a Ted Baker shop (Image: Donato Sardella/WireImage/Getty Images) A fashion retailer could disappear from the UK's high streets as it plans to shut all its stores within weeks. The business behind Ted Baker's UK shops, No Ordinary Designer Label Limited (NODL), fell into administration in March. It has since shut 15 shops in the UK, resulting in about 245 staff being made redundant.
Staff working at the remaining stores have been told that they will lose their jobs when the shops are shut within three weeks, as first reported in the Sun newspaper. Read more: I'm a fashion writer and I found five M&S dresses perfect for summer It is understood that the plans have not yet been finalised despite the message to employees. Ted Baker had 46 stores and employed around 975 people prior to the insolvency.
The brand has a store at Victoria Square shopping centre in Belfast. Ted Baker plans to shut all its stores within weeks, following the business behind the fashion brand's UK shops, No Ordinary Designer Label Limited (NODL), falling into administration in March. (Image: Jonathan Brady/PA Wire) Authentic Brands, the US-based firm behind Juicy Couture and Reebok, is still the owner of Ted Baker’s intellectual property.
It was hoping to find a new partner to run the Ted Baker retail and online business in the UK and Europe. The collapse of the UK stores could mark the end of its position on high streets, after being founded in 1988 by Ray Kelvin an.