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

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search