Nearly 1,000 jobs at risk as Ted Baker prepares to appoint administrators

Ted Baker is set to call in administrators, putting nearly 1,000 jobs at risk, while Authentic Brands Group, which took over the retailer in 2022, is blaming the “damage done” under a deal with Dutch company AARC, which operated Ted Baker’s retail stores and website in the UK and Europe until Authentic Brands terminated the deal in late January.

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