Home / Knowledge / News / Apparel/Garments / Ted Baker ends 2013 on a high amid strong Xmas sales
Ted Baker ends 2013 on a high amid strong Xmas sales
07
Feb '14
Driven by robust retail sales during the Christmas period, British lifestyle brand, Ted Baker Plc., witnessed a strong end to 2013 as the company’s brand gains traction in overseas markets.
 
The company, which is engaged in designing, wholesaling and retailing of menswear, womenswear and related accessories, and is famous for its classic cuts, reported an 18.3 per cent rise in retail sales in the eight- week period from 10 November 2013 to 4 January 2014 from the same period a year ago.
 
The company witnessed strong sales over the Christmas shopping period, when consumer spending tends to be at its peak as Ted Baker maintained a competitive edge over its peers, underpinned by the strength of its brand and product quality.
 
Ted Baker reported strong sales performance in the UK and Europe in the eight weeks ended January 4, 2014 despite strong competition in the fashion industry. 
 
A recovery in the UK economy and a gradual revival in Europe bode well for the sales outlook of Ted Baker Plc.
 
The company witnessed strong revenue from internet sales in UK and Europe following the launch of its new UK e-commerce platform in the beginning of November.
 
Owing to the fast gaining popularity of the Ted Baker brand, the company witnessed strong performance in the US and Canada in the eight weeks ended January 4, 2014.
 
Spreading its wings into the fast emerging markets in Asia, Ted Baker is optimistic over the brand gaining foothold in the region, going forward.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Larry L Kinn
Suominen Corporation

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

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

Robert Brunner
Devereux

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

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