Overview

• Ted Baker will shut its last 31 UK stores this week, affecting over 500 employees.
• The brand's UK arm fell into administration in March, leading to previous store closures and job losses.
• Authentic Brands Group, Ted Baker's owner, has struggled to secure a new licensing deal.
• Talks with Frasers Group, which owns Sports Direct, have hit an impasse.
• Ted Baker will continue to operate through wholesale partners and international stores.