Ted Baker’s UK shops poised for insolvency, risking over 1,000 jobs

The British retailer employs almost 1,000 people and has more than 40 stores in Britain and a number of outlets across Ireland, including in Dublin and Belfast, alongside a website and department store concessions in Brown Thomas and Arnotts

Ted Baker will continue to operate online and in stores during the administration.

Retailer Ted Baker is preparing to place its network of stores across the UK into insolvency, putting hundreds of jobs at risk.

The fashion chain has filed a notice of intention to appoint insolvency administrators to No Ordinary Designer Label, the part of the business that runs its shops. Advisory firm Teneo is being lined up to handle the process.