Ted Baker

For people with the same name, see Ted Baker (disambiguation).

Ted Baker PLC
Company typePrivate
ISINGB0001048619 Edit this on Wikidata
IndustryFashion
FoundedGlasgow, Scotland (1988)
FounderRay Kelvin
Headquarters
London
,
England
Products
RevenueIncrease £617.4 million (2019)[1]
Decrease £54.5 million (2019)[1]
Decrease £40.7 million (2019)[1]
Owner
Websitetedbaker.com
tedbaker.us

Ted Baker is a British clothing brand founded in 1988 in Glasgow, Scotland, which traded in shops under the Ted Baker name until falling into administration in March 2024, leading to the closure of all Ted Baker shops by August 2024.[2] The brand is styled as 'Ted Baker, London', and is known for male and female clothing, accessories, aftershaves and perfumes.[3][4][5]

At its peak the brand had over 500 shops and concessions around the world, and was regarded as a desirable, high status fashion brand.[6][4] The company was acquired by Authentic Brands Group, the American owners of Reebok, for £211 million in October 2022.[6] In March 2024, Ted Baker called in the administrators for its European operations, due to years of problems, poor sales, and mounting debts.[7][8] In April 2024, Ted Baker's global operation was reported as close to collapse, with mass shop closures, and bankruptcy.[9][10][11] As of August 2024, all Ted Baker UK and Ireland branches of the store were due to close.[2]

  1. ^ a b c "Annual Report & Accounts 2018/19" (PDF). Ted Baker. Retrieved 3 October 2019.
  2. ^ a b "Ted Baker to close all remaining shops this week putting 500 jobs at risk". 19 August 2024. Retrieved 19 August 2024.
  3. ^ "Ted Baker". Retrieved 27 March 2024.
  4. ^ a b "Why Ted Baker is poorly suited to today's high street". The Guardian. 13 December 2019. Retrieved 26 March 2024.
  5. ^ "Our Timeline". Ted Baker. Retrieved 4 July 2021.
  6. ^ a b "Ted Baker agrees takeover by US Reebok owner". The Guardian. 16 August 2022. Retrieved 26 March 2024.
  7. ^ "Ted Baker furloughs 75% of workforce". 3 April 2020. Retrieved 24 April 2020.
  8. ^ O'Boyle, Daniel (20 March 2024). "Ted Baker calls in administrators in latest UK fashion collapse". Evening Standard. Retrieved 26 March 2024.
  9. ^ "245 jobs to go as insolvent Ted Baker to close 15 shops — including four in London". 8 April 2024. Retrieved 8 April 2024.
  10. ^ "Ted Baker's European arm faces collapse, 149 jobs at risk". retailsector.co.uk. 29 April 2024. Retrieved 25 April 2024.
  11. ^ "Ted Baker's North American Arm Follows U.K. Business Into Bankruptcy". Wall Street Journal. 25 April 2024. Retrieved 25 April 2024.