×
261
Fashion Jobs
RELIANCE INDUSTRIES LTD
Sales Officer - Saree Specialist - Chennai t.Nagar
Permanent · CHENNAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HYDERABAD
SPACE CONSULTANTS
Manager-Sales&Marketing
Permanent · Bhiwani
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · PANCHKULA
GENIUS CONSULTANTS LIMITED
HR Executive(Female)@Leading Hosiery Manufacturing Company in Agarpara
Permanent · KOLKATA
SHOPPERS STOP LTD
Unit HR Head
Permanent · MUMBAI
FLOOR & FURNISHINGS INDIA PRIVATE LIMITED
Sales Executive/ Sales Officer
Permanent · PANCHKULA
SELECTIVE GLOBAL SEARCH PVT. LTD.
Retail Sales Executive
Permanent · MUMBAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HALDWANI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Aligarh
SREEDHARA TEXTILES PRIVATE LIMITED
Deputy Manager - Fabric
Permanent · COIMBATORE
PANACEA VENCER
we Have Opening For Accounts Manager & Finance Manger For Garments
Permanent · COIMBATORE
JOBZ DADDY
Category Head For Home Decor of The Top Most Designer of India
Permanent · GURUGRAM
SMART SOURCE
Manager Market Place - Leading Fashion Retail - Bangalore
Permanent · Bengaluru
NCDI PLACEMENT CONSULTANCY
Accounts Executive For Retail Industry
Permanent · Lucknow
NCDI PLACEMENT CONSULTANCY
Customer Relationship Managere For Retail Industry
Permanent · LUCKNOW
PRIME PLACEMENT AND MANPOWER SERVICES
International Sales Executive - Female - Khokhra - Ahmedabad
Permanent · Ahmedabad
MIRRAW.COM
Production Manager | Mirraw
Permanent · MUMBAI
LIFESTYLE BRANDS
Senior Executive - Accounts - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Area Manager-Projects Execution (Telangana &Amp; Andra Pradesh)-Hyderabad
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Financial Manager - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Training Manager, Planet Fashion - Bangalore
Permanent · BENGALURU

Ted Baker sales soar, e-commerce grows even faster

Published
today Nov 17, 2016
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

The backdrop may be challenging but Ted Baker had a good quarter in the 13 weeks to November 12. The UK-based fashion and lifestyle retailer said Thursday that its group revenue rose a healthy 14% in the period, ahead of the growth rate for the first half.

Ted Baker is continuing to record good sales growth, especially online


Retail sales were ahead by 15.4% on a reported basis and even on a constant currency basis, revenues still managed to rise 6.7% “despite on-going external factors continuing to impact trading across [its] markets.”

Ted Baker did not give a like-for-like sales figure, however.

The affordable luxury retailer recorded surging e-commerce sales that rose 30.3% in total, or 25.9% in constant currencies. E-tail now represents 15.6% of total sales at the group, it said.

The company increased its retail space by 8.8% during the period, suggesting much of its sales growth came from new space and those rising e-sales. Ted Baker continued its international expansion with openings in Atlanta, Miami and Calgary, and further concession openings in department stores in China, Germany, Japan and Spain. It also relocated its New York Soho store and one of its Hong Kong locations.

But retail is not the only focus. Wholesale turnover for the period increased 13.2% (or 6.7% in constant currencies) reflecting good performances from both its UK and North American businesses. As previously indicated, the group now expects low double-digit wholesale growth (in constant currencies) for the full year.

The retailer also said its product and territorial licensees continue to perform well with licensed store openings in Dubai, South Africa and Mexico.

CEO Ray Kelvin said the reaction to its newer collections has been “very encouraging."

However, full-year results will be dependent on trading conditions over the important Christmas period.

 

Copyright © 2020 FashionNetwork.com All rights reserved.