Ted Baker to appoint administrators putting hundreds of jobs at risk

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Ted Baker to appoint administrators putting hundreds of jobs at risk
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The luxury clothing company - which was founded by Ray Kelvin in Glasgow in 1988 - focuses on menswear, womenswear, accessories, and fragrances.

Hundreds of jobs have been put at risk at Ted Baker after the fashion brand's US owner said it plans to appoint administrators.

According to reports, the fashion brand currently runs around 86 stores in the UK and all Ted Baker stores will continue trade as normal. The news comes after Ted Baker was delisted from the London stock market after it was bought by ABG for around £210million about a year and a half ago. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don’t like our community, you can check out any time you like.If you’re curious, you can read our Privacy Notice.

"We wish that there could have been a better outcome for the Ted Baker employees and stakeholders. It is hopefully some consolation for customers that No Ordinary Designer Label will continue to trade online and in stores. We remain focused on securing a new partner to uphold and grow the Ted Baker brand in the UK and Europe where it began."

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