Ted Baker's Bristol store to close within days after administration announcement
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Designer clothing shop Ted Baker is set to close its Bristol 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.
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Hide AdThe administrators have now confirmed the brand’s Bristol store will be closed within the next two weeks.
In total across Ted Baker's 86 UK 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.
The locations of all the confirmed closures are listed below:
- Nottingham
- Birmingham Bullring
- Bristol
- Bromley
- Cambridge
- Exeter
- Leeds
- Liverpool One
- London Bridge
- Milton Keynes
- Oxford
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