Myriad Ted Baker stores are shutting as doubts are raised for a future licensing partnership with retail giant Frasers Group.
According to reports in Sky News, talks between the Shirebrook-based group and Ted Baker’s owner Authentic have broken down, with sources close to Authentic indicating that there were no ongoing talks between the two, while property industry sources suggested there had been talks of reopening a few Ted Baker shops in the last few weeks.
Administrators of Ted Baker’s partner No Ordinary Designer Label are overseeing the closure of 31 remaining shops in the UK.
A source from one store told Sky News their last trading day would be Tuesday.
