TBK Ted Baker

RNS Number:1729Y
Ted Baker PLC
12 June 2007



                                                                    12 June 2007







                                 TED BAKER PLC

                          INTERIM MANAGEMENT STATEMENT



Ted Baker, the British designer Brand is pleased to announce a 6.4% increase in
Group revenue for the 19 week period from 28 January to 9 June 2007 (the "period
"), compared to the same period last year, with gross margins in line with
expectations.



Retail sales for the period were 12.8% above the same period last year. Average
retail square footage rose by 6.9% over the period to 152,043 sq.ft. (2006:
142,260 sq.ft.). Once again, the Brand's strong Spring / Summer collections and
meticulous focus on high product quality and attention to detail continue to
drive growth. During the period we were delighted to announce the launch of a
standalone store dedicated purely to womenswear in Langley Court, Covent Garden
and the opening of a store in Gatwick North.



Wholesale sales for the period were 6.7% below the same period last year. As
stated in our preliminary results, conditions have remained difficult for some
of our wholesale customers and we continue to monitor the profile of our
wholesale customers to ensure they remain appropriate for our brand.



Our product and territorial licences continue to trade in line with expectations
and we are pleased to announce the opening of three further licensed stores in
Dubai, Kuala Lumpur, and Taiwan taking the total to nine through our licence
agreements with Li and Fung Group of Companies and RSH Limited.



We expect the growth of retail sales and licence income to continue to exceed
that of wholesale sales during this year, reflecting our tight control over the
distribution of the brand. This change in balance within our turnover will lead
to a shift in the phasing of profit from the first half to the second half, but
the outlook for the financial year as a whole remains unaffected.



In March we purchased, out of available cash resources, 830,807 of our own
shares at 590.0p per share to be held in treasury.



Commenting on trading, Ray Kelvin, Founder and Chief Executive, said:

"We are pleased to report that trading across the Group has been in line with
our expectations. We remain dedicated to the careful global expansion of the
brand in the Far East and Asia, through our licence partners and we plan to open
new stores in Dublin and Brighton in the second half of the year. While the
results for the full year will, as always, be dependent on trading in the second
half of the financial year, the Board remains confident of another successful
outcome for the year."





Enquiries:


Ted Baker                                            Tel: 020 7255 4800
Lindsay Page, Finance Director

Hudson Sandler                                       Tel: 020 7796 4133
Michael Sandler / Kate Hough







This information is also available on Ted Baker's Investor Relations site at
www.tedbaker.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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