Ted Baker has said that they have made good progress in the first half of their financial year.
Group revenue was up 3.5% to £306 million in the first 28 weeks. Retail sales also grew by 1.1% to £220.1 million.
Ray Kelvin, Ted Baker founder and chief executive, said: “Ted Baker has continued to develop and expand as a global lifestyle brand across its markets and distribution channels despite challenging external trading conditions. This continued growth is testament to the strength of the Ted Baker brand, the design and quality of our collections as well as the dedication and talent of our teams.”
Ted Baker opened six new stores in the first half of the year, including two in the UK, three in the US and one in Spain. It also launched new outlet stores across France and Germany.
