GENERAL MERCHANDISE NEWS
Ted Baker confident on full year
15 November, 2007 | by Retail Bulletin
Group revenue increased 14.3 per cent and gross margins were in line with expectations.
Retail sales were 13.4 per cent above the same period last year. During the period Ted Baker’s retail licencees in the Middle East and Asia opened three f stores in Hong Kong and Malaysia and three concessions in Taiwan and Thailand.
‘We are pleased to report that we have received a very positive response from our customers to our autumn/winter collections and trading across the group has been in line with our expectations,’ said Ray Kelvin, Ted Baker’s CEO.