Ted Baker reports rise in Christmas sales on the back of expansion
Strong growth in e-commerce sales boosted the company's retail performance over the festive season
Company
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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Strong growth in e-commerce sales boosted the company's retail performance over the festive season
Investments and investor services
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Ted Baker is confident of meeting its expectations for the full year
Ted Baker remains confident for the full year despite challenging trading conditions in the UK and the US
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Ted Baker says trading across its markets continue to be hit by ongoing external factors as clothing retailers come under pressure from rising inflation after the Brexit vote
An 18% increase in online sales was something of a Christmas present for the fashion and lifestyle group
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Sainsbury has continued to be a laggard in the supermarket sector, with the latest till roll data from Kantar Worldpanel released today showing its sales declining by 0.1%.
Given Next’s disappointing update this week, news from Marks and Spencer and Primark-owner Associated British Foods could send the most shivers through the sector.