Christmas cheer for UK retailers after Brexit vote
There are short term positives and the fact many firms' share prices remain depressed mean there are opportunities for investors
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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There are short term positives and the fact many firms' share prices remain depressed mean there are opportunities for investors
In July, the group said it was monitoring the Brexit situation as movements in gross domestic product were drivers for volumes of letter and business parcels
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A look at some City analysts view on Tuesday.
External factors in established markets means trading conditions remain challenging - not that you'd know if from the fashion firm's half-year results
FTSE 100 shares narrowly missed out on a record closing high on Tuesday after slipping back from record levels thanks to renewed Brexit fears which sent the pound below $1.23, as well as growing expectations of a US rate hike this year. Ear
A look at next week's corporate offerings, which include big names like Sky and Marston's and WH Smith
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UBS upgrades gas and electricity firm Centrica, while Berenberg moves Aveva Group the other way
FTSE100 shares closed sharply lower on Tuesday amid falling oil prices and EU referendum jitters, whose downbeat theme was only shattered by takeover news at Premier Farnell PLC and positive feedback from brokers on Ted Baker
Designer fashion house boosted revenue by 11.3% in the 19 weeks to June 11
The company, which owns A-Plant in the UK, is expected to have kept up its double-digit growth rate
Numis is bullish on both Berkeley and Crest Nicholson, recommending investors 'add' them to the portfolio.
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BHP Billiton, Tullow Oil, Ted Baker, Antofagasta, and Wood Group are in the broker spotlight on Monday.
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Investors are reluctant to factor in the boost to earnings of the Argos acquisition for UK supermarket giant Sainsbury, reckons heavyweight broker Deutsche, which has upgraded the grocer.
The brand is "very much in the early stages of an international roll-out strategy", according to Cantor Fitzgerald
Fashion brand pleases City with higher clothing demand
Game Digital, Ted Baker, Stagecoach and Nostrum Oil & Gas were all in Wednesday’s broker spotlight.
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ASOS, Boo and SuperGroup to have full stockings, while M&S, Halfords and SPorts Direct may be disappointed says Peel Hunt
E-commerce sales were up 74.3% year-on-year, helped by a customer event
A plethora of interims awaits investors tomorrow, including from South Africa based investment bank Investec and baby retail specialist Mothercare (LON:MTC).
Total sales rose 24.5% year-on-year to £226.8mln in the six months to 15 August, while profits rose 14.6% to £17.8mln.