Ted Baker To Close Remaining UK Stores, Over 500 Jobs At Risk
19 Aug 2024 10:47 AM IST
Ted Baker is closing its last 31 UK stores, risking over 500 jobs, after struggling with financial losses and competition. The brand will continue through wholesale partners like John Lewis. Acquired by Authentic Brands Group in 2022, Ted Baker's UK arm faced significant challenges, leading to its current decline.