Ted Baker hails strong first half

Fashion chain Ted Baker said reaction to its autumn/winter collections has been positive as it unveiled a solid first half trading performance.

Fashion chain Ted Baker said reaction to its autumn/winter collections has been positive as it unveiled a solid first half trading performance.

Group revenue in the 28 weeks to August 11th rose 15.4% to £118.6m from £102.8m at the halfway point last year. UK and European retail sales rose 7.9% year-on-year to £74.7m while US retail sales shot up 53.3% to $25.6m. In the rest of the world, retail sales were up 58.1% to £2.8m. E-commerce sales were up 82.4% to £6.2m.

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