• Home
  • V1
  • Design
  • Ted Baker H1 revenue up 30.9 percent

Ted Baker H1 revenue up 30.9 percent

By FashionUnited

loading...

Scroll down to read more

REPORT_ For the first half Ted Baker US and Canada retail sales

were up 56.8 percent. Asia retail sales were up 78.6 percent and e-commerce sales were up 51.6 percent. Group revenue increased by 30.9 percent. Retail gross margin increased slightly to 64.7 percent. The composite gross margin fell to 59.7 percent due to a lower wholesale gross margin. Profit before tax increased 49.7 percent. Ted Baker had had a positive reaction to its Autumn/Winter collection. But it expects the level of retail growth in the second half of the year to be below that of the first half.

Ted Baker is a lifestyle brand distributed across five continents through three main distribution channels: retail (including e-commerce), wholesale and licensing. Ted Baker has 341 stores and concessions worldwide. Ted Baker offers men’s wear, women’s wear, lingerie, sleep wear, children’s wear, fragrance, footwear, neckwear, eyewear, watches and jewelry. Ray Kelvin, founder and chief executive, said: “We are pleased with the group’s performance across all distribution channels. The last 12 months have seen Ted Baker enter six new international markets. Our results for the full year will depend on the important second half trading period. However, early trading has been positive.”


Ted Baker