Ted Baker news and archive

Pace Partnership London to manage Ted Baker's wholesale operations in the UK and Europe

Ted Baker’s wholesale business is being acquired by Pace Partnership London (PPL). New Lobster, the company that manages Ted Baker’s design, development and product innovation, has signed a five-year agreement with PPL to manage its wholesale business in the UK and Europe, a press release said. New Lobster will continue to be responsible for...

Retail

ULAC to manage Ted Baker’s online operations in the UK and Europe

Authentic Brands Group has announced a new partnership with its longstanding partner United Legwear & Apparel (ULAC) to manage the e-commerce operations for Ted Baker in the UK and Europe. Earlier this month, ULAC announced that it would take on Ted Baker's wholesale, concession shops and e-commerce operations in the US and Canada, as well as...

Business

Ted Baker UK distributor Baird Group in red following strategic review

BMB Clothing Limited, which trades under the name Baird Group, has fallen into the red following a series of store closures, job losses and a licensing sale linked to a wider strategy review. The firm, which oversees the UK formalwear distribution of the recently collapsed British brand Ted Baker, fell into a loss of 9.38 million pounds for the...

Retail

Ted Baker to close all UK stores this week as Frasers talks halt

After a period of reported back-and-forth, it is now believed that talks between Mike Ashley’s Frasers Group and Ted Baker parent company Authentic Brands Group have stalled. The news comes ahead of the imminent closure of Ted Baker’s remaining 31 stores in the UK, which are set to shutter this week. Frasers’ name first came into circulation...

Business

Frasers Group and Authentic understood to be mulling partnership

British retail giant Frasers Group and global brand operator Authentic Brands Group are believed to be in discussions to establish a potential partnership. The deal could see Frasers become the UK and European operating partner for a number of brands in Authentic’s portfolio, including Reebok and Ted Baker. This is according to Drapers, which...

Business

Job losses anticipated at Ted Baker Design Group

Another blow seems to be on the horizon for the already struggling Ted Baker. This time, it appears that its global design and innovation hub, the Ted Baker Design Group (TDG), is to face the brunt of job cuts that could impact around 30 roles. The design subsidiary of Ted Baker was established by PDS Limited last year as part of a long-term...

Business

Ted Baker will not make a fresh start in the Netherlands

The Dutch branch of Ted Baker, trading under the name Ted Baker Netherlands BV, will not continue, according to the first bankruptcy report. The British fashion brand had a flagship store in Amsterdam, a store in Roermond and shop-in-shops in the luxury retailer, Bijenkorf. Ted Baker Netherlands BV went bankrupt due to liquidity problems, with...

BusinessFeatured

Authentic announces new licensees for Ted Baker to relaunch in the US and Canada

Authentic Brands Group (Authentic), the global brand development, entertainment and marketing platform has announced foundational licensing partners for Ted Baker to secure the future of the British fashion brand in the US and Canada. Authentic, which owns the Ted Baker intellectual property, has signed licensing agreements with United Legwear &...

Retail

'Ted Baker disappears from British high street, closes all stores within three weeks'

Ted Baker is reportedly set to leave the British high street, according to various media reports. The Times learned that the fashion brand wants to close all of its stores in the United Kingdom within three weeks. The staff were informed of the news on Friday, The Times reports. However, the plans do not seem to be final yet. FashionUnited has...

Retail

Ted Baker is closing North American stores amid bankruptcy proceedings

All Ted Baker stores in the North American region are reportedly preparing to close after the British retailer filed for bankruptcy last month. It is believed that 31 of its US stores and nine of its Canada-based stores are to shutter, while both regions are also no longer able to shop via the brand’s online website. This comes shortly after the...

Business

US operator reportedly joins Ted Baker takeover race with Next and Frasers Group

OSL, the US operator of Ted Baker, has reportedly joined the line up of interested parties eyeing the struggling retailer’s European business after its UK arm collapsed into administration in March. According to Sky News, OSL is the “leading contender” to take over the brand’s British operations, a move that would come a year on from when the...

BusinessFeatured

Ted Baker to close 11 UK stores, 245 jobs to be lost

Weeks after the appointment of administrators for its UK arm No Ordinary Designer Label (NODL), Ted Baker has now confirmed that 11 of its stores in the region are set to close. All sites are expected to cease trading by April 19, triggering the loss of 120 store roles. In addition to this, 25 head office roles have also been made redundant “as...