Friday, November 22, 2024

Fashion giant could shut all stores

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Ted Baker, which has stores dotted throughout Kent, is reportedly at risk of shutting all its shops.

It is believed that staff at the fashion chain have been given three weeks’ notice. The brand has stores in Ashford, Bromley, Dartford and a concession stand in Fenwicks in Canterbury.

Ted Baker, which has four outlets in Kent, could close for good. Picture: Google
Ted Baker, which has four outlets in Kent, could close for good. Picture: Google

It is understood that while the plans have not been finalised, it is the current intention for the business to close all of its shops, according to sources.

The fashion giant has 71 stores in the UK after 15 closed shortly after it entered administration in April.

No Ordinary Designer Label (NODL), which trades under the Ted Baker brand, filed a notice of intention to appoint Teneo Financial Advisory as administrators in March.

A few weeks later in April, it was confirmed that 15 Ted Baker stores would shut, resulting in about 245 job losses.

While the Kent stores were not at risk then, they could close for good amid the latest reports for the fashion retailer’s future, which has been reported by The Sun.

It is not know when stores could close.

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