Expansion lifts Ted Baker sales
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.