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Paid articlePaywallAuthentic Brands Group Names New Operating Partners for Guess Growth: Authentic Brands Group is charting a plan to make its second-largest brand even bigger.
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Ted Baker owner set to appoint administrators: The US owner of Ted Baker intends to put the fashion firm into administration.
bbc.com/news/business-68580956

Key FactsTed Baker to Appoint Administrators, Putting Hundreds of Jobs at Risk
Mar 19, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: dailyrecord.co.uk
Summary created with AI assistance · Source: dailyrecord.co.uk
- Ted Baker, a luxury fashion brand, plans to appoint administrators, putting hundreds of jobs at risk.
- Founded in Glasgow in 1988 by Ray Kelvin, the company focuses on menswear, womenswear, accessories, and fragrances.
- The announcement to appoint administrators is expected to result in store closures and job losses, although the extent is still unclear.
- Ted Baker has faced financial strains in the past, including layoffs, balance sheet strengthening, and the termination of partnerships.
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