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Ted Baker has not updated their company timeline since 2018. [5] In April 2024, Ted Baker's administrators, Teneo, announced the closure of 15 Ted Baker shops across the UK, with 245 redundancies, leaving Ted Baker with 31 stores and 564 staff in UK and Ireland, as Teneo attempt to find a buyer to rescue the remains of the business. [9]
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On 24 April 2024, Ted Baker Canada, the operator of Lucky Brand stores in Canada, filed for creditor protection in Canada and Chapter 15 bankruptcy in the U.S. The company blamed the operation suppliers of Authentic Brands Group for failing to pay. As a result, it was announced that all Lucky Brand stores in Canada would close. [9]
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On 24 April 2024, Ted Baker Canada, the operator of Brooks Brothers stores in Canada, filed for creditor protection in Canada and Chapter 15 bankruptcy in the U.S. The company blamed the operation suppliers of Authentic Brands Group for failing to pay. As a result, it was announced that all Brooks Brothers stores in Canada would close. [41]
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