Ted Baker, which was founded in Glasgow in 1988, is set to go into administration with hundreds of jobs potentially put at risk. The retailer runs more than 80 shops and concessions in the UK.
Hundreds of jobs could be at risk as the owner of Ted Baker filed a motion to appoint administrators to the ailing high street retailer.
It comes weeks after the end of its partnership with Dutch firm AARC, which ran Ted Baker's shops and online business in Europe. Ted Baker walked away from the AARC deal in January after it claimed its partner had failed to meet its promise to inject cash into the business.
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