Trading Statement
January 14 2002 - 2:00AM
UK Regulatory
RNS Number:8823P
Ted Baker PLC
14 January 2002
14 January 2002
TED BAKER PLC
CHRISTMAS RETAIL TRADING STATEMENT
Ted Baker, the designer clothing brand, is delighted to announce today that
retail sales in the period from 1 November to 24 December 2001 were 24.7%
ahead of retail sales for the same period last year. Retail gross margins have
improved since the first half but remain slightly below retail gross margins
for the same period last year reflecting the additional outlet stores now
open. Stock levels are in line with expectations and we will enter the new
season with a clean stock position.
Commenting on trading, Ray Kelvin, Chief Executive, said:
"The Ted Baker brand has performed strongly during the important Christmas
period and we remain confident in the outcome for the full financial year."
Ted Baker plc will be announcing its preliminary results for the year to 26
January 2002 on 26 March 2002.
Enquiries:
Ted Baker: Tel: 020 7255 4800
Ray Kelvin, Chief Executive
Lindsay Page, Finance Director
Hudson Sandler: Tel: 020 7796 4133
Piers Hooper
Noemie de Andia
This information is also available on Ted Baker's Investor Relations site at
www.tedbaker.co.uk
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