Home / Knowledge / News / Apparel/Garments / Ted Baker delivers good result for 28 week ended 11 Aug
Ted Baker delivers good result for 28 week ended 11 Aug
06
Oct '12
Ted Baker releases interim results for the 28 weeks ended 11 August 2012.

  • Retail sales up 15.4% on a 12.6% increase in average retail square footage

              - UK and European retail sales up 7.9% to £74.7m

- US retail sales up 53.3% to $25.6m

              - Rest of the world retail sales up 58.1% to £2.8m

  • E-commerce sales up 82.4% to £6.2m

              - Planned expansion continued with the opening of:

- Our first store in Tokyo, Japan and first concessions in South Korea and the Netherlands

New stores in existing markets on the Brompton Road, London, Fifth Avenue, New York and Harbour City, Hong Kong

  • Wholesale sales up 15.4% to £24.9m
  • Licence income up 19.2% to £3.7m

Commenting, Ray Kelvin CBE, Founder and Chief Executive, said:

“We have delivered good results in a challenging environment whilst making important investments for the long term development of the brand, including opening new stores in Tokyo and on Fifth Avenue, New York.

We are especially pleased with the positive reaction to our Autumn/Winter collections and I am delighted with the openings, since the period end, of our first store in China in Beijing and our first concessions in Germany, as we continue to build Ted’s global presence.

As ever, our full year results will be dependent on trading in the important second half and we remain understandably cautious at this stage given the uncertainty in the global economy. However, we believe that we are well placed to deal with the challenges ahead.”

Ted Baker is a leading global lifestyle brand distributing across five continents through its three main distribution channels: retail (including e-commerce); wholesale; and licensing. Ted Baker has almost 300 stores and concessions worldwide, comprising of 179 in the UK, 41 in Europe, 47 in the US, 28 in the Middle East and Asia and 4 in Australasia.

Ted Baker

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search