Thursday 19 April 2018

Retailer Ted Baker revenue up on online growth, new stores

Ted Baker
Ted Baker

British clothing company Ted Baker said revenue for the 19 weeks to June 11 had risen by 11.3pc, boosted by strong demand, online growth and new stores.

The group, which trades from 465 stores and concessions globally, said on Tuesday retail sales for the period grew 12.7pc, with store space increasing 9.7pc.

Wholesale sales rose 7.3pc, while e-commerce sales jumped 32.3pc.

Reuters

Business Newsletter

Read the leading stories from the world of Business.

Also in Business