Advertisement

Struggling Ted Baker to Shutter Remaining UK Stores

Mariakray-stock.Adobe.com

Apparel retailer Ted Baker will reportedly close its 31 remaining UK stores this week, according to the BBC and other news outlets. The company that operates the shops, No Ordinary Designer Label (NODL), has been in administration — the UK’s version of bankruptcy — since March 2024. U.S.-based Authentic Brands Group owns Ted Baker’s intellectual property, while NODL is the holding company for its UK operations.

NODL had operated 46 Ted Baker stores prior to the retailer’s entering administration, but administrators closed 15 of those locations in April. Closures of the remaining Ted Baker stores were reportedly precipitated when talks with Frasers Group’s head Mike Ashley regarding a potential licensing agreement recently broke down.

Ted Baker Canada, which operates Ted Baker in Canada, Ted Baker Ltd. in the U.S. and both Brooks Brothers and Lucky Brand in Canada, began store closing sales in select North American stores in May 2024. Currently, the U.S. version of the Ted Baker ecommerce site doesn’t link beyond its home page, which carries the message “A grand, good time awaits. Returning soon.”

Advertisement

Featured Event

Get free access to tactical tips, invaluable insights, and deep-dive conversations that will help you hone your strategies for Q4 and beyond. That way, you can be sure to be on shoppers’ nice lists this holiday season…and all year long.

Advertisement

Advertisement

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: