Firm behind Ted Baker, which employs around 975 staff, appoints administrators
The company behind fashion retailer Ted Baker, which employs nearly a thousand people, has fallen into administration and appointed Teneo, the administrators have confirmed. Teneo, which has been appointed as administrator of No Ordinary Designer Label Limited (NODL), said that the company runs 46 Ted Baker stores in the UK, a website and concessions. Authentic Brands, which licences the Ted Baker brand to the NODL is “in advanced discussions” with potential buyers for the company.