Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Sales and profits jump at Ted Baker

Ted Baker sales soared 16.4% in constant currency to £531m for the year to 28 January, as profits before tax were up 4.4% to £61.3m.

Retail sales at the business were up 15% year on year to £400.7m. UK and Europe sales increases 10.7% while sales in the US and Canada were up 28.3% on 2016. Online sales were up 35.1%.

Wholesale sales were up 20.9%, while license income rose by 26.8%.

Ted Baker chief executive Ray Kelvin said the business traded well despite a backdrop of “ongoing challenges across global markets”.

He added: “Our spring collections have been well received and we have a clear strategy for continued growth across both established and newer markets. This is underpinned by controlled distribution across channels as well as the design, quality and attention to detail that are at the core of everything we do.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.