More than 500 jobs at risk as Ted Baker closes all remaining UK stores this week
Fashion chain Ted Baker will close all its stores in the UK this week, bringing an end to its position on high streets and putting more than 500 jobs at risk. Its 31 remaining stores in the UK and Ireland will close before the end of the day on Tuesday and the website has also been pulled.
Transcript
00:00Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.
00:06Some breaking business news.
00:08The fashion chain Ted Baker will close all its stores in the UK this week, bringing an
00:14end to its position on the high street and putting more than 500 jobs at risk.
00:20Its 31 remaining stores in the UK and Ireland will close before the end of the day on Tuesday
00:27and the website is also closing down.
00:30Ted Baker was founded by Ray Kelvin in a shop in Glasgow in 1988.
00:36So some sad news affecting the high street with the news that fashion chain Ted Baker
00:41will close all its stores in the UK this week.
00:45My name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.