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Luxury clothing brand shuts all US locations in latest blow to stores By Helena Kelly Assistant Consumer Editor For Dailymail.Com Published: 15:50 EDT, 22 May 2024 | Updated: 15:52 EDT, 22 May 2024 e-mail Advertisement British designer Ted Baker will shutter all 31 of its US stores after filing for bankruptcy last month. Customers can now snap up its clearance sales with up to 30 percent discounts at all of its locations in North America and Canada .

Ted Baker filed for Chapter 15 bankruptcy in a New York court last month, following similar proceedings in Canada and the UK . The decision came after Authentic Brand Group - which acquired Ted Baker in 2022 - stopped paying its suppliers, reports in the Wall Street Journal suggested. Approximately 600 employees in North America will be affected by the closures.



It comes amidst a widespread 'retail apocalypse' which is forcing more and more bricks-and-mortar stores to shutter. John McNamara, chief strategy and transition officer for Authentic Brands Group, previously told Fashion Network: 'We wish that there could’ve been a better outcome for the Ted Baker employees and stakeholders.' There are 31 Ted Baker stores in the US with three in New York and one in San Francisco's troubled Westfield Mall.

There are a further nine stores in Canada. Ted Baker - which first opened in Glasgow in 1988 - has picked up impressive celebrity endorsements over the years including Emma Stone and Amal Clooney. It was founded by Ray Kelvin who famo.

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