Ted Baker says 38% of global retail sales hit by coronavirus

Troubled fashion retailer Ted Baker Plc said on Friday it has shut businesses th...

FILE PHOTO: Shoppers walk past a Ted Baker store on Regents Street in London, Britain December 17, 2018. REUTERS/Simon Dawson

It has closed 197 retail stores and concessions out of 416 locations globally with full shutdown in the United States, Canada, France, Spain, Germany, Portugal and Belgium. However, the fashion retailer said it has seen very less supply chain disruption so far from the outbreak and that the majority of its factories in China are now operational.

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