>>
Rewind 2021 and prospects for 2022 Rewind 2021 and prospects for 2022
Home / Knowledge / News / Fashion / Ted Baker posts strong H1 against tough retail environment

Ted Baker posts strong H1 against tough retail environment

08
Oct '05
Clothing designer Ted Baker announced Interim Results for the 28 weeks ended 13 August 2005.

Highlights
- Group revenue up 16.8 percent to £57.2m (2004: £49.0m)
- Retail sales up 16.6 percent to £35.7m (2004: £30.7m)
- Wholesale sales up 17.1 percent to £21.4m (2004: £18.3m)
- Licence income in line with last year at £1.8m (2004: £1.8m)
- Profit before tax increased by 12.4 percent to £6.3m (2004 restated: £5.6m)
- Basic earnings per share up 8.7 percent at 10.0p (2004 restated: 9.2p)
- Interim dividend up 11.4 percent to 3.9p per share (2004: 3.5p per share)
- US expansion progressing well with the successful launch in June of their 'Best in Show' store in Los Angeles, the extension to their New York store and the planned opening of a new store in Dallas in November.
- First Asian territorial licence signed with the Li & Fung group of companies for retail and wholesale distribution in Hong Kong, Macau, China, Taiwan and South Korea.

Commenting, Ray Kelvin, Chief Executive informed that they are pleased to report strong first-half results despite a tough UK retail environment. Both turnover and profits have increased highlighting the continuing appeal of the brand as well as the resilience of their multi-channel distribution strategy. Their expansion into the United States is progressing well with the successful launch of a 'Best in Show' store in Los Angeles in June.

They are delighted to report that therhave signed their first territorial licence in Asia, covering, Hong Kong, Macau, China, Taiwan and South Korea. This represents a significant step in their long-term strategy to develop a global brand.


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Jan 2022

Real US GDP rose at 6.9% annual rate in Q4 2021: BEA

Real US gross domestic product (GDP) increased at an annual rate of...

Pic: Shutterstock

Apparel/Garments | On 28th Jan 2022

Egypt’s garment exports rise by 41% to $2.49 bn in 2021 over 2020

The Egyptian apparel sector’s exports rose by 41 per cent in 2021 to...

Pic: Prasit Rodphan | Dreamstime.com

Textiles | On 28th Jan 2022

Cambodia-Vietnam trade volume touches $9.3 bn in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise...

Interviews View All

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

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

ESTEEMED CLIENTS

Tory Burch Hong Kong Ltd
Permoda(Koaj/Armi/Pronto/Bkul)
Boardriders Asia Sourcing Limited
G-Star Raw C.V.
International Textile Manufacturers Federation
Under Armour Global Sourcing Ltd
Rosset ;& Cia Limited
Maceton Limited
Aquarelle Clothing Limited
Etam Group Strategy Hong Kong Limited
Groz-Beckert East Asia LLP
Splash
Tchibo GmbH
Landmark Group
Target Corporation (MN)
Reiter India Private Limited
The LYCRA Company Singapore  Pte. Ltd
Guess Europe Sagl,
IKEA of Sweden AB
Lifestyle
Gap International Sourcing Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Abit
TESCO INTERNATIONAL SOURCING LIMITED
Cat Tuong Real Estate Group Joint Stock Company
NITI Aayog
Lisa S.P.A.
PVH Corporation
Vardhman Textile Ltd
Lenzing Aktiengesellschaft
The Top Form Brassiere Manufacturing Company Limited
Walmart
Midas Clothing Limited
Desigual - ABASIC, S.A.
Truetzschler India Private Limited
Green Fibre
Calvin Klein
Lululemon Athletica Inc
Sportswear Company Spa
Sateri (Jiujiang) Fiber Co.,Ltd
John Varvatos
Recron Polyester from Reliance Industries Limited
Gatsby Africa
C;&A Sourcing International Ltd
Asos
BIMBA ;& LOLA SL
KIABI
Chori Company Limited
LC Waikiki
Hirdaramani International Export Private Limited
Tommy Hilfiger
Alix Partners
Arvind Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Bluestem Global Sourcing Limited
Gloria Jeans
Vianney Textil Hogar S.A. De C.V.
Phong Phu international JSC (PPJ)
Eastman Chemical Company
Restoque S.A.
SYNERGIES HONG KONG LIMITED
KAS Direct Sourcing
Amazon China
Chico’ FAS
Benetton Group
Puma
THE BOMBAY DYEING ;& MFG.CO. LTD
Page Industries Limited (Bangalore)
IDH – The Sustainable Trade Initiative
SHAHI Exports Pvt Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Aramark Uniform ;& Career Apparel, LLC
Helly Hansen Far East Ltd
Sportmaster Ltd.
BIANCA
Hela Clothing Pvt Ltd
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
OVS Hong Kong Sourcing Ltd.
Decathlon
Rayonese Textile Inc., Division de Culp Inc.
Grasim Industries Limited
T.T. Limited
Lacoste (Wanchai)
Babyshop
Varner AS Retail
Brandix Lanka Limited
Alison Hayes Romania
J ;& P Coats
Sainsbury's Argos Asia Limited
Seasalt Limited

January 2022

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


Advanced Search