Expansion lifts Ted Baker sales

Kasmira Jefford
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BRITISH fashion chain Ted Baker appeared to be unswayed by the wet weather and the tough consumer backdrop as it posted a 16.2 per cent revenue rise for the last 19 weeks.

The chain increased its trading space by 12 per cent, following the opening of a new store on London’s Brompton Road last weekend, themed to the 1851 Great Exhibition.

Ted Baker did not disclose a like-for-like sales figure, but its space growth implies sales of around 4.2 per cent, analysts at Seymour Pierce estimated.