Inactive Instrument

Ted Baker

Equities

TED

GB0001048619

Ted Baker plc Announces Revenue Results for the 8 Week Period from 13 November 2016 to 7 January 2017; Provides Earnings Guidance for the Year Ending January 28, 2017

January 11, 2017 at 12:30 pm IST

Ted Baker announced revenue results for the 8 week period from 13 November 2016 to 7 January 2017. The company announced a 17.9% (10.6% constant currency) increase in retail sales for the 8 week period from 13 November 2016 to 7 January 2017 compared to the same period last year. This good performance was achieved despite a backdrop of on-going external factors, as highlighted in interim results, continuing to impact trading across markets. E-commerce sales increased by 35.0%.

The Board anticipates that Annual results will be in line with its expectations.

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Company Profile

Ted Baker plc is a United Kingdom-based global lifestyle company. The Company operates through three segments: Retail, Wholesale and Licensing. Its retail channel consists of stores, concessions and e-commerce, providing an omnichannel experience. The Company's wholesale business in the United Kingdom serves countries across the world, particularly in the United Kingdom and Europe. It also operates both territorial and product licenses. The Company offers a range of collections, including menswear, womenswear, accessories, bedding, childrenswear, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie, underwear and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, towels, wallcoverings and watches. The Company has approximately 375 stores and concessions around the world. The Company operates primarily in the United Kingdom, Europe, North America, Middle East, Africa, Asia, and Australasia.

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