{"id":10673,"date":"2023-10-16T06:05:32","date_gmt":"2023-10-16T06:05:32","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/ted-baker-owner-steps-in-amid-funding-woes\/"},"modified":"2023-10-16T06:05:32","modified_gmt":"2023-10-16T06:05:32","slug":"ted-baker-owner-steps-in-amid-funding-woes","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/ted-baker-owner-steps-in-amid-funding-woes\/","title":{"rendered":"Ted Baker owner steps in amid funding woes"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div id=\"post-147039\">\n<div class=\"td-post-content tagdiv-type\">\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"464\" class=\"entry-thumb\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2021\/05\/Ted-Baker_Fashion_shopfront_ST-696x464.jpg\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2021\/05\/Ted-Baker_Fashion_shopfront_ST-696x464.jpg 696w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2021\/05\/Ted-Baker_Fashion_shopfront_ST-300x200.jpg 300w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2021\/05\/Ted-Baker_Fashion_shopfront_ST-630x420.jpg 630w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2021\/05\/Ted-Baker_Fashion_shopfront_ST.jpg 700w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" alt=\"Ted Baker\" title=\"Ted Baker\"\/><\/div>\n<p>Ted Baker owner Authentic Brands has stepped in after the company it appointed to run its UK operations has struggled to raise financing.<\/p>\n<p>The group paid \u00a3211m for the fashion retailer\u2019s brand and intellectual property last year and has outsourced its global operations to over 20 different companies.<\/p>\n<p>According to The Times, Authentic has provided retail management business AARC \u2013 which handles Ted Baker\u2019s stores and online business in the UK and Europe \u2013 a short-term loan to provide stable footing for the brand.<\/p>\n<hr\/>\n<h5 style=\"text-align: center;\"><strong>Subscribe to Retail Gazette for free<\/strong><\/h5>\n<p style=\"text-align: center;\"><span class=\"x_al\">Sign up\u00a0here\u00a0to g<\/span><span class=\"x_al\">et the latest news straight into your inbox each morning<\/span><strong><span class=\"al\">\u00a0<\/span><\/strong><\/p>\n<hr\/>\n<p>It is understood that AARC had\u00a0been working with advisors from FTI Consulting for a few months to arrange a longer-term financing for the brand.<\/p>\n<p>Ted Baker axed approximately 200 head office jobs across sourcing, finance, production, and footwear\u00a0in June as it shifted to a new outsourcing model.<\/p>\n<p>Authentic has quickly become a \u00a316.5bn brand management and licensing powerhouse, with the likes of Forever 21, Juicy Couture and Reebok in its portfolio.<\/p>\n<p>The group acquired the intellectual property of footwear retailer Hunter in June in a deal estimated to be worth around \u00a3100m.<\/p>\n<p><em><strong>Click here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<\/p><\/div>\n<footer>\n<\/footer>\n<\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ted Baker owner Authentic Brands has stepped in after the company it appointed to run its UK operations has struggled to raise financing. The group [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-10673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/10673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=10673"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/10673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/10674"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=10673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=10673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=10673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}