Authentic Brands, an American brand management company, completed the acquisition of Ted Baker, a British high-street clothing retail company, for £211m. "Ted Baker is a highly regarded, uniquely British brand whose strong fashion credibility resonates with consumers around the world. We are excited to build on the brand's global foundation through a business model focused on licensing, wholesale, retail, digital and strategic marketing partnerships. Under ABG's ownership, we believe that Ted Baker is poised for continued growth and success," Jamie Salter, ABG Founder, Chairman and CEO.