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Ted Baker to close 15 UK stores with the loss of 245 jobs

Outlets in Birmingham, Liverpool, Oxford, Leeds, Bristol and Nottingham among those to shut

Authentic Brands, the owner of the intellectual property of Ted Baker, is still continuing to seek a new operating partner for the retail and online business in the UK and Europe, Teneo has said. Teneo’s Benji Dymant, the joint administrator of No Ordinary Designer Label, which is the retailer of the Ted Baker brand in the UK and Europe, said that the store closures were “regrettable”. The closures are a further blow to the UK high street, which has been hit by a number of prominent retailers calling in administrators since the start of the year as consumers slashed spending amid a wider economic downturn.

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