The British clothing chain Ted Baker has decided to close all locations, writes Retail Detail .
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All Ted Baker stores in the UK will close over the next few weeks. Previously, the company had already closed stores in other European countries – Belgium, the Netherlands and Spain.
Hundreds of network employees have already received notice of impending dismissal. The fact is that the British division went bankrupt in March of this year, after which the position of the brand began to shake at the international level.
It is known that the company's management plans to resume Ted Baker's activities in the future, but with new operating partners. The chain is currently unable to maintain retail stores and plans to focus on wholesale, e-commerce and shop-in-shop formats.
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