Ted Baker calls in administrators

Ted Baker’s owner has filed a notice to appoint administrators, putting hundreds of jobs at risk.
According to Sky News, No Ordinary Designer Label – which is owned by Authentic Brands Group (ABG) – has filed a notice to appoint Teneo Financial Advisory to lead an insolvency process of its UK operations.
The move, which is expected to lead to store closures and job losses, comes around 18 months after ABG bought the fashion chain for £211m.
Last month, ABG terminated its