Signage on a Ted Baker store is shown at the CF Rideau Centre in Ottawa on Monday, April 29, 2024. Ted Baker Canada has begun closing sales at all of its stores and Brooks Brothers and Lucky Brand locations.THE CANADIAN PRESS/Craig Wong
Signage on a Ted Baker store is shown at the CF Rideau Centre in Ottawa on Monday, April 29, 2024. Ted Baker Canada has begun closing sales at all of its stores and Brooks Brothers and Lucky Brand locations.THE CANADIAN PRESS/Craig Wong
TORONTO - Ted Baker Canada has begun closing sales at its stores as well as its Brooks Brothers and Lucky Brand locations in Canada.
Matthew Butler, a spokesperson representing Ted Baker Canada, confirmed the sales would encompass Ted Baker's entire Canadian and U.S. footprint, but only Brooks Brothers and Lucky Brand's Canadian locations.
Court records show the three apparel retailers have 25 stores in Canada and 34 in the U.S.
Late last week, Ted Baker Canada announced it was marking down its apparel and accessories by up to 30 per cent at some Ted Baker, Brooks Brothers and Lucky Brand stores.
At the time, it said all sales at the stores were being treated as final and online shopping was no longer available “for the time being.â€
Ted Baker Canada filed for court protection from creditors last month in the hopes of getting "breathing room" to decide whether to liquidate and wind down its three retailers or pursue other unspecified alternatives.
This report by °µÍø½ûÇø was first published May 13, 2024.
Note to readers: This is a corrected story. A previous version misstated that Brooks Brothers and Lucky Brand's U.S. locations were holding closing sales.
