GENERAL MERCHANDISE NEWS
Stylish performance from Ted baker
16 January, 2007 | by Retail Bulletin
Retail sales improved by 11 per cent in the run-up Christmas.
The company said “”The brand’s strong collections have once again driven consistent double-digit sales growth, both in the UK and overseas. Gross margins were in line with the levels achieved last year and we are starting the new season with a clean stock position,” Ray Kelvin, Chief Executive, said ‘We are pleased to report another strong performance for Ted Baker in the UK and overseas and look forward to the brand’s continued development. The performance is in line with expectations and we look forward to a successful outcome for the
full year.’