Ted Baker sales rocket
UK continued to perform ahead of expectations
Total sales jumped by 19.1 per cent between 1 November and 24 December compared with the same period last year. Average retail square footage rose by 14.3 per cent over the period to 209,255 sq.ft.
Commenting on trading, Ray Kelvin, Founder and Chief Executive, said:"I am pleased to report that trading continued to exceed our expectations in a very competitive environment. This performance is testament to our innovative product design, quality, attention to detail and excellent customer focus. I would like to thank the team at Ted Baker for their continuing hard work and dedication.The outlook for 2010 is again uncertain but we remain well placed to deal with the challenges ahead. Our collections continue to be positively received by our customers and the brand is well positioned globally to benefit when growth in consumer demand returns. We remain focussed on investing in the business through our multi-channel distribution strategy."
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