Home / Knowledge / News / Fashion / Casualwear & skinwear perk up Ted Baker's preliminary results

Casualwear & skinwear perk up Ted Baker's preliminary results

23
Mar '06
Fashion designer Ted Baker released the preliminary results for the 52 weeks ended 28 January 2006.

- Group revenue up by 11.4% to £117.8m (2005: £105.8m)
- Retail sales up 11.7% to £80.1m (2005: £71.7m)
- Wholesale sales up 10.8% to £37.8m (2005: £34.1m)
- Licence income up 9.4% to £3.5m (2005: £3.2m)
- Profit before tax up 12.9% to £18.4m (2005: £16.3m)
- Basic earnings per share up 14.2% to 30.6p per share (2005: 26.8p per share)
- Proposed final dividend of 8.2p per share, (2005: 7.3p per share) making a total for the year of 12.1p per share, an increase of 12.0% (2005: 10.8p per share)
- Continued US expansion with the successful launch of our 'Best in Show' store in Los Angeles in June and our Dallas store in November
- First Asian territorial licence signed with the Li & Fung Group of Companies in October for retail distribution of the Ted Baker brand and wholesale distribution of certain collections in Hong Kong, Macau, China, Taiwan and South Korea
- Second Asian territorial licence and Middle East licence signed in December with RSH Limited for retail distribution of the Ted Baker brand in Singapore, Malaysia, Thailand, Indonesia, UAE, Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and Lebanon

Commenting on the results, Ray Kelvin, Chief Executive, said: “We are pleased to report another year of international success for Ted Baker despite a tough domestic retail environment. Design, product quality and attention to detail continue to drive the performance of the brand.”


Must ReadView All

Pic: ECOS

Textiles | On 22nd Apr 2021

ECOS urges EC to apply ecodesign principles to textile products

The international NGO Environmental Coalition on Standards (ECOS) has ...

Pic: Salvatore Ferragamo

Apparel/Garments | On 22nd Apr 2021

Salvatore Ferragamo launches new platform to discuss sustainability

Italian luxury goods company Salvatore Ferragamo has launched...

Pic: Lululemon

Apparel/Garments | On 22nd Apr 2021

Canadian retailer Lululemon announces sustainability initiatives

Canada-based Lululemon Athletica has announced 2 new initiatives that ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Textile Industry, Head honchos

Textile Industry
Head honchos

Farmers who produce seeds earn 50 per cent more

Textile Industry, Head honchos

Textile Industry
Head honchos

Strike a balance between handmade in India and 'Make in India'

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Abhishek Ralli,

Abhishek Ralli

Founded in 1962 in Agra, Guide Footwear manufactures men’s footwear for...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah & Sandeep is a luxury menswear label...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

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

Leave your Comments


April 2021

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


Advanced Search