Group sales at premium branded business Ted Baker rose 1.8% for the 13 weeks to November 8 but wholesale sales fell 21%.
Retail sales were up 13.3% on the same period last year, boosted by openings in the Bristol Cabot Circus and Liverpool One shopping centres and two stores in Westfield London in White City, which grew Ted Baker’s retail space by 17.1% in terms of square footage.
The business said sales during the period had been affected by the economic uncertainty and by unseasonably warm weather. Analysts said like-for-likes had fallen by around 4%. Shares were down 17p to 300p. Chief executive Ray Kelvin said the market was tough but that meant there would be opportunities next year.
Shares in tailoring retailer Moss Bros finished the week up 12.5p to 28.25p, after Arcadia owner Sir Philip Green last week bought a 28% stake in the company via the Green family investment company Warbeck, fuelling speculation that he was preparing to buy the rest of the company.