FTSE 100 clings on to triple-digit gain
The Footsie looked destined to finish well off the top but still sporting a handsome gain following a weekend of deals at the G20 and Opec meetings
Company
Ted Baker PLC
LON:TED
Ted Baker PLC is a designer brand that operates through three main distribution channels: retail, wholesale and licensing. It offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, lingerie and underwear, childrenswear; fragrance and skinwear, footwear, eyewear, and watches.
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MediaZest surges as it swings to profit in first half on improved revenues and margins
The media agency reported a pre-tax profit for the period of £90,000, up from a £149,000 loss a year ago, while revenues climbed to £1.8mln from £1.3mln
Department stores aren’t dead: Why Mike Ashley can turn House of Fraser around
A number of companies that operate concessions inside big UK department stores have issued profit warnings of late, so is there still a place on the high street for House of Fraser, Debenhams and co?
Archive
Retailers and recruiters in week ahead spotlight with results from N Brown, WH Smith, PageGroup and Hays
The week ahead sees updates from N Brown, WH Smith, Hays, PageGroup, Greggs, RPC Group and Marston's
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Some of the main risers and fallers in London on Thursday ...
Ted Baker profits hit by House of Fraser collapse, expects challenging second half
Pre-tax profit dipped 3.2% to £24.5mln as Ted Baker took a hit from debts owed by troubled department store chain House of Fraser
Ted Baker shares creep up as it brings footwear back in-house with acquisition from licensee
The purchase of No Ordinary Shoes and No Ordinary Shoes USA from Ted Baker's current footwear licensee, Pentland, is expected to cost between £17mln and £21mln
House of Fraser suppliers stand to lose millions of pounds from retailer's collapse
HoF owes its suppliers £484mln, according to documents from administrators EY
Ted Baker in fashion as HSBC Securities starts with ‘buy’, says firm “well placed in challenged markets”
The global banking giant’s analysts also set a 2,900p price target on the stock, which was trading at 2,286p a share in late morning trading, up 3.8% on Monday’s close
Online retailer shares pressured by change in US online tax regime
On June 21, the court voted to overturn a 1992 physical presence requirement, which would now allow states in the US to collect an extra US$8-23bn a year in sales taxes
Ted Baker warns on challenging external trading conditions, delivers revenue growth
In a trading update, the FTSE 250-listed firm announced a 4.2% increase in revenue for the 19 week period from 28 January 2018 to 9 June 2018, compared to the year before
FTSE 100 closes in red as resource stocks lag and Brexit debate goes on
With the Trump-Kim meeting and various pieces of economic data behind us, all eyes are turning to Parliament, which is set to vote on amendments to the EU Withdrawal Bill today and tomorrow
Archive
Housebuilders in focus on Tuesday, but fashion updates eyed too
The day ahead includes updates from housebuilders Bellway and Crest Nicholson, plus trading news from fashion group Ted Baker and online clothing firm Boohoo.com
Investments and investor services
FTSE 100 closes account firmly higher, bolstered by weaker pound
The UK pound shed 0.38% against the Euro, while it was off 0.30% against the US dollar.
Ted Baker shares rise on Goldman Sachs upgrade
Goldman Sachs moves to 'buy' whilst sticking with a £32.50 price target
Ted Baker slumps as Jefferies downgrades stock after cautious trading update
Jefferies lowered its rating on the stock to ‘hold’ from ‘buy’ and cut its target price to 2,700p from 3,000p
Xeros shares spike higher on news of US acquisition
A look at some of the biggest risers and fallers in London on Thursday
Ted Baker warns on challenging global trading conditions as annual profits rise
Ted Baker said that recent unseasonal weather across Europe and East Coast of America has had an impact on the early part of trading for Spring/Summer
Investments and investor services
FTSE 100 plunges 1.23% to below 7,000 after BoE rate decision
In the currency markets, the pound is up 0.13% against the Euro, but down 0.20% against the US dollar.
Investments and investor services
Genel Energy and Ted Baker in the spotlight ahead of Thursday’s results
The Kurdistan oil and gas business releases its results on Thursday, while investors will be hoping to see continued momentum for the fashion retailer.