Retail
Hundreds of jobs at risk as Ted Baker shops in UK and Ireland poised for insolvency
The retailer has more than 40 stores in the UK and seven in Ireland
Ted Baker is preparing to place its network of stores across the UK and Ireland into insolvency, putting hundreds of jobs at risk.
The fashion chain has filed a notice of intention to appoint insolvency administrators to No Ordinary Designer Label, the part of the business that runs its shops. Advisory firm Teneo is being lined up to handle the process.
Ted Baker is owned by Authentic Brands Group, the US company which is also ...