UK fashion retailer Ted Baker (LON:TED) posted a 7.3% rise in revenue for the 13 weeks to November 11 despite a challenging retail environment.
Revenue growth was driven by its online business, which accounts for 19.2% of total retail sales. E-commerce sales increased 30.5%.
READ: Ted Baker delivers half year revenue and profit growth despite tough UK and US retail markets
Total retail sales, including online, edged up 4.6% on a reported basis or 5.1% in constant currency, as the company continued its expansion with the opening of a new store in Oxford and further concessions in premium department stores in Canada, Germany and the UK.
Ted also opened an outlet in Chicago and relocated its Bicester outlet.
“The group's continued growth in the period, despite challenging trading conditions across some of our global markets, has again been underpinned by our business model and the unwavering focus on product quality and design that are central to everything we do,” said chief executive Ray Kelvin.
READ: Ted Baker unveils full year profit and sales growth but highlights market challenges
Kelvin said the customer response to its autumn and winter collections have been positive and the group is on track to meet its full year estimates.
“Whilst the group's full year results will, as ever, be dependent on trading conditions over the important Christmas period, we remain confident of meeting our expectations for the full year and continuing to develop Ted Baker as a global lifestyle brand,” he said.