Latest news with #AuthenticBrandsGroup
Fashion Network
3 hours ago
- Business
- Fashion Network
Ted Baker 'plans high street return'
could be planning a return to UK physical retail if a report is to be believed, with a newspaper saying that it could be back next year. The report was in the Sun, which isn't known for it breaking business news stories, but it said that sources close to the matter have told it of plans for a high street come back in early 2026. That comeback would initially happen in London, we're told, although few details are available at present and it's unclear whether there will be shops outside the UK capital and how many physical locations are planned. The news comes after the once-high-flying brand closed all of its stores last August. The brand was founded in 1988 and was hugely successful in the ensuing decades, later listing on the stock exchange and being a popular choice for investors. As recently as a decade ago it had 550 shops and concessions globally, but the fashion sector downturn of recent years was devastating for the business. After going into administration it was acquired for £210 million in 2022 by US-based Authentic Brands Group, which changed its complete business approach, operating it on a licensing model. But this hasn't always worked out and in early 20204, Authentic cut ties with UK and Europe stores and webstore operator AARC, which was based in the Netherlands and had run into financial difficulties. After its store closures, the brand later last year returned to e-commerce and wholesale and a return to operating its own physical stores would see it coming full circle.
Fashion Network
3 hours ago
- Business
- Fashion Network
Ted Baker 'plans high street return'
could be planning a return to UK physical retail if a report is to be believed, with a newspaper saying that it could be back next year. The report was in the Sun, which isn't known for it breaking business news stories, but it said that sources close to the matter have told it of plans for a high street come back in early 2026. That comeback would initially happen in London, we're told, although few details are available at present and it's unclear whether there will be shops outside the UK capital and how many physical locations are planned. The news comes after the once-high-flying brand closed all of its stores last August. The brand was founded in 1988 and was hugely successful in the ensuing decades, later listing on the stock exchange and being a popular choice for investors. As recently as a decade ago it had 550 shops and concessions globally, but the fashion sector downturn of recent years was devastating for the business. After going into administration it was acquired for £210 million in 2022 by US-based Authentic Brands Group, which changed its complete business approach, operating it on a licensing model. But this hasn't always worked out and in early 20204, Authentic cut ties with UK and Europe stores and webstore operator AARC, which was based in the Netherlands and had run into financial difficulties. After its store closures, the brand later last year returned to e-commerce and wholesale and a return to operating its own physical stores would see it coming full circle.
Fashion Network
4 hours ago
- Business
- Fashion Network
Ted Baker 'plans high street return'
could be planning a return to UK physical retail if a report is to be believed, with a newspaper saying that it could be back next year. The report was in the Sun, which isn't known for it breaking business news stories, but it said that sources close to the matter have told it of plans for a high street come back in early 2026. That comeback would initially happen in London, we're told, although few details are available at present and it's unclear whether there will be shops outside the UK capital and how many physical locations are planned. The news comes after the once-high-flying brand closed all of its stores last August. The brand was founded in 1988 and was hugely successful in the ensuing decades, later listing on the stock exchange and being a popular choice for investors. As recently as a decade ago it had 550 shops and concessions globally, but the fashion sector downturn of recent years was devastating for the business. After going into administration it was acquired for £210 million in 2022 by US-based Authentic Brands Group, which changed its complete business approach, operating it on a licensing model. But this hasn't always worked out and in early 20204, Authentic cut ties with UK and Europe stores and webstore operator AARC, which was based in the Netherlands and had run into financial difficulties. After its store closures, the brand later last year returned to e-commerce and wholesale and a return to operating its own physical stores would see it coming full circle.
Fashion Network
4 hours ago
- Business
- Fashion Network
Ted Baker 'plans high street return'
could be planning a return to UK physical retail if a report is to be believed, with a newspaper saying that it could be back next year. The report was in the Sun, which isn't known for it breaking business news stories, but it said that sources close to the matter have told it of plans for a high street come back in early 2026. That comeback would initially happen in London, we're told, although few details are available at present and it's unclear whether there will be shops outside the UK capital and how many physical locations are planned. The news comes after the once-high-flying brand closed all of its stores last August. The brand was founded in 1988 and was hugely successful in the ensuing decades, later listing on the stock exchange and being a popular choice for investors. As recently as a decade ago it had 550 shops and concessions globally, but the fashion sector downturn of recent years was devastating for the business. After going into administration it was acquired for £210 million in 2022 by US-based Authentic Brands Group, which changed its complete business approach, operating it on a licensing model. But this hasn't always worked out and in early 20204, Authentic cut ties with UK and Europe stores and webstore operator AARC, which was based in the Netherlands and had run into financial difficulties. After its store closures, the brand later last year returned to e-commerce and wholesale and a return to operating its own physical stores would see it coming full circle.
Fashion United
2 days ago
- Business
- Fashion United
Ted Baker reportedly eyeing return to UK high streets
Following its descent into administration in 2024, British retailer Ted Baker is reportedly set to return to UK high streets next year. After relaunching its website in the region back in November, the brand is now said to be eyeing a store opening in London, planned for early 2026, according to The Sun. The media outlet said no further details have been released. The operator of Ted Baker's UK stores, No Ordinary Designer Label (NODL), had fallen into administration last year, resulting in the closure of the brand's 46 stores across the region. The closures coincided with exits from international markets like North America and the Netherlands, where bankruptcy proceedings were also taking place. Since then, however, Ted Baker's parent company, Authentic Brands Group, has slowly been building the brand back up, establishing new wholesale, distribution and licensing partnerships with various third parties across a number of regions. Pace Partnership London, for example, acquired the brand's wholesale business in the UK and Europe, while United Legwear & Apparel was appointed to manage Ted Baker's e-commerce operations. On the back of its e-commerce relaunch in the UK, Ted Baker unveiled its dedicated EU platform on July 1, 2025, offering customers in regions like Germany, Ireland, the Netherlands and Spain access to a localised shopping experience. At the time, a press release issued by Ted Baker said: 'Germany and Ireland have long been key markets for the brand, consistently representing a strong and engaged audience for Ted Baker. This new chapter reflects Ted Baker's commitment to serving its loyal EU customer base with elevated product storytelling, curated experiences, and improved service capabilities.' FashionUnited has contacted Authentic Brands Group with a request to comment on The Sun's report.
