Leeds residents have reacted with shock and concern at the news that the Ted Baker store in the city is set to close.
Administrators for the British fashion retailer’s stricken UK business announced yesterday its full list of stores set to close, with almost 250 jobs set to be axed as a result. 11 of the stores, including the store at Victoria Quarter in Leeds city centre, will be shut by April 19. Administrators also revealed four further stores will close “in the coming weeks” after landlords served notice on the sites prior to the insolvency, PA reports.
they will be no such thing as a shopping centre or an high St if this continues and YES we are all to blame!” Another reader commented that the news was “heart breaking”, saying: “I love my Ted Baker, hope it stays online, the problem today is you go into store to be told it’s only sold online. It is the sad fact of life now.” Sign up for our free newsletters now Michelle Page posted: “Very sad to hear. Love the shop. I feel so sorry for the staff.
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Ted Baker's Nottingham store to close this month after administrationMore than 10 of the luxury clothing brand's UK stores are set to shut for good by the end of next week
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Ted Baker to close Nottingham store as brand falls into administrationDesigner clothing shop Ted Baker is set to close its Nottingham store this month after the brand fell into administration. The luxury clothing brand entered administration last month, when No Ordinary Designer Label (NODL), owned by Authentic Brands Group (ABG) and trading as Ted Baker, appointed consulting firm Teneo to oversee the process. The administrators have now confirmed the brand's only standalone Nottinghamshire location, which is on Bridlesmith Gate in Nottingham city centre, will be closed within the next two weeks. In total across Ted Baker's UK 86 stores, 145 redundancies are now expected to be made, with 120 store staff alongside 25 head office roles set to go. All 11 of the closing stores are expected to be permanently shut by Friday, April 19. The brand's entire store portfolio has been "loss-making" and administrators say the sites have no prospect of being returned to profitability, even with material rent reductions. Poll: How worried are you about Nottingham City's Council budget proposals? The locations of all the confirmed closures are listed below: In addition to the 11 branches ready to be shut down, four more will follow in the coming months. These stores had notices served before Ted Baker fell into administration, resulting in 100 more redundancies. The branches affected are: To try and make things a little easier, we have now launched a new WhatsApp community to bring you the latest news and headlines straight to your phone
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Ted Baker to Close 15 Stores and Cut JobsTed Baker, the fashion retailer, will close down 15 stores across the UK, resulting in the loss of 245 jobs. The closures are part of the company's efforts to improve its performance and bring the business back to health.
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Ted Baker to Close 15 Stores and Cut 245 Jobs in the UKIconic British brand Ted Baker is to shut 15 stores across the UK and cut around 245 jobs after plunging into administration.
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Liverpool ONE shop to shut after more than 10 yearsTed Baker is set to close 15 stores across the country including one in Liverpool ONE
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Ted Baker to close 15 stores across UK - with hundreds of jobs to goThe closures will happen within weeks and come after the fashion brand collapsed into administration last month. Redundancies will also take place at the firm's head office.
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