Ted Baker online pureplay future uncertain as final UK stores close.

The remaining 31 Ted Baker stores in the UK and Republic of Ireland are set to close, resulting in 500 job losses. The closure comes after financial difficulties for the brand, with Teneo Financial Advisory Limited being appointed as the administrator of NODL, which licensed the Ted Baker brand. The closure of the stores is seen as a sad day for British apparel, and there are concerns about the future of the brand, with the possibility of it becoming an online-only presence or disappearing altogether. The closure of the stores follows previous closures in the UK and Europe, and suppliers are unlikely to have their debts settled due to the administration of NODL. [Extracted from the article]