Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began insolvency hearings late last month. The three banners, which are owned by the New York-based Authentic Brands Group (ABG), represent 25 stores in Canada. Matthew Butler, a spokesperson representing Ted Baker Canada, confirmed … Read more
LONDON — Businesses operating the Ted Baker brand in the Netherlands, Belgium and Spain could enter administration soon, with 149 jobs at risk, industry sources told WWD. Some five stores, four in the Netherlands and Belgium and one in Spain, could be shut soon. Seven concessions in the Netherlands and 15 concessions in Spain could also go dark if … Read more
LONDON – Less than a year after forging a deal, Authentic has severed ties with AARC, its U.K. and European retail partner for the Ted Baker business. Authentic said in a statement over the weekend that AARC had not met its financial obligations, and had failed to invest in the Ted Baker business. Last April, Authentic signed … Read more
