Ted Baker to shut 15 shops and axe 245 jobs

Credit: PA

Around 245 people are to lose their jobs after Ted Baker announced it is to shut 15 stores across the country, administrators have announced.

On Monday, it was confirmed 11 stores will be shut by the end of next week, with the loss of about 120 jobs.

Around 25 head office workers will also be made redundant in a bid to cut central costs.

The company behind the fashion brand’s UK shops, No Ordinary Designer Label Limited (NODL), hired administrators from Teneo last month.

Administrators also revealed four further stores will close after landlords served notice on the sites prior to the insolvency.

These stores will shut “in the coming weeks” and result in approximately another 100 job losses.

The administrators said 11 Ted Baker stores will be shut by April 19, with the rest closing after landlords served notice on the sites prior to the insolvency.

Which stores are closing?

All the shops closing on April 19 are:

  • Birmingham Bullring

  • Bristol

  • Bromley

  • Cambridge

  • Exeter

  • Leeds

  • Liverpool One

  • London Bridge

  • Milton Keynes

  • Nottingham

  • Oxford

The shops that will be closing at a later date are:

  • Bicester

  • London Brompton Road

  • London Floral Street

  • Manchester Trafford

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