Ted Baker To Close 31 Remaining Uk Stores

Ted Baker's Remaining Stores to Permanently Close

Ted Baker to Close 31 Remaining UK Stores

Ted Baker's remaining 31 stores in the UK will permanently close this week, putting around 500 jobs at risk.

The closures come as part of a wider restructuring plan by the fashion chain, which has been struggling in recent years.

Frasers Group in Talks to Acquire Ted Baker UK

Sky News has learnt that Frasers Group, owned by billionaire Mike Ashley, has emerged as the preferred partner for the chain.

Frasers Group is expected to take control of Ted Baker's British arm, leaving the company's international operations unaffected.

Key Details

• 31 Ted Baker stores in the UK to close
• Around 500 jobs at risk
• Frasers Group in talks to acquire Ted Baker UK