British fashion brand Ted Baker is planning to close all its stores in the UK in the late summer and early autumn of 2024.

This comes after the holding company for the brand’s European retail arm, No Ordinary Designer Label Limited fell into administration in March.

Taneo, the appointed administrator for the retailer, closed 15 UK shops in April, leading to 245 redundancies.  

Employees at the remaining stores have been informed of impending job losses when the closures take place. This is likely to be during August 2024, as initially reported by the Sun newspaper.  

The plans have not yet been finalised. 

Before the insolvency proceedings, Ted Baker operated 46 stores across the UK, employing 975 people.  

Authentic Brands, the US company that owns the intellectual property rights to Ted Baker, has been seeking a new partner to manage the brand's retail and online operations in the UK and Europe. 

Founded in 1988 by Ray Kelvin, Ted Baker is known for its distinctive patterned and floral clothing.  

Despite the potential high street closures, the brand will continue to be available through department stores and other retailers, including John Lewis and House of Fraser. 

Frasers Group was recently reported to be nearing a deal to acquire the British operations of Ted Baker.  

June 2024 also saw leading UK flooring retailer Carpetright on the brink of administration, putting 1,800 jobs at risk as the company filed a notice of intention to appoint an administrator in a bid to secure additional funding for its future.