Trading Statement
January 16 2007 - 2:02AM
UK Regulatory
RNS Number:5655P
Ted Baker PLC
16 January 2007
16 January 2007
TED BAKER PLC
CHRISTMAS TRADING STATEMENT
Ted Baker, the British designer brand, is pleased to announce an 11% improvement
in sales in its retail division for the period from 1 November 2006 to 24
December 2006, against the same period last year.
The brand's strong collections have once again driven consistent double-digit
sales growth, both in the UK and overseas. Gross margins were in line with the
levels achieved last year and we are starting the new season with a clean stock
position.
Ted Baker's careful global expansion continues and we are pleased to announce
that a further licensed store opened in Dubai in December. The Group now
operates six stores under licence across Asia and the Middle East, with further
stores scheduled to open in the next financial year.
We expect to announce our preliminary results for the 52 weeks to 28 January
2007 on 21st March 2007.
Commenting on trading, Ray Kelvin, Chief Executive, said:
"We are pleased to report another strong performance for Ted Baker in the UK and
overseas and look forward to the brand's continued development. The performance
is in line with expectations and we look forward to a successful outcome for the
full year."
Enquiries:
Ted Baker: Tel: 020 7255 4800
Ray Kelvin, Chief Executive
Lindsay Page, Finance Director
Hudson Sandler Tel: 020 7796 4133
Sandrine Gallien
Kate Hough
Please also investigate the newly re-designed website at www.tedbaker.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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