Ted Baker reaps rewards from growing its overseas footprint March 20, 2014 TED BAKER’S expansion across Europe, the US and Asia has helped boost full-year profits at the quirky British fashion retailer. The group, which has 362 stores and concessions across five continents, said profits before tax and exceptional costs jumped by 26.7 per cent to £40m in the year to 25 January. Revenues were up 26.5 [...]
What you need to know before the open March 20, 2014 Following a broadly favourable Budget yesterday, then something of a curveball from Janet Yellen – her suggestions about the course of interest rates unsettling markets, European bourses are expected lower today, tracking Asian and US counterparts. Markets sold off sharply on talk that the Fed could raise rates by the spring of next year, and [...]
London Report: Osborne in spotlight as Britons await the 2014 Budget details March 17, 2014 THE spotlight will be on Chancellor George Osborne this Wednesday as he delivers the 2014 Budget. Other economic news includes the Bank’s Monetary Policy Committee (MPC) minutes plus unemployment figures, also on Wednesday, the CBI Industrial Trends survey on Thursday and government borrowing figures at the end of the week. The corporate calendar starts today [...]
Boohoo bounces onto Aim as shares hit 85p March 14, 2014 It's the first day of trading for online fashion retailer Boohoo.com, and shared are surging. Making its debut on London's Aim, shares opened at 85p – well above the offer price of 50p. Shares are currently trading around 78p. The firm raised £300m through its initial public offering, and is the third UK retailer to [...]
The City’s got a brand new leather bag February 5, 2014 Satchels are back in business, showing off great British craftsmanship at its finest ORIGINALLY made in the 17th century to help Oxbridge students lug their books around, the humble satchel has nevertheless made an unexpected comeback in 21st century London. The buckled bags hav always been a distinctly British success story, made with hardy leather [...]
Festive boost for Ted Baker January 9, 2014 BRITISH designer clothing brand Ted Baker said it will meet annual profit forecasts after posting an 18.3 per cent rise in eight-week festive sales, helped in part by a 10.9 per cent increase in new space. Unlike many under-pressure retailers during the festive period, Ted Baker said it had not undertaken any significant promotional activity [...]
London Report: Retailers set to reveal scale of 2013 hangover January 5, 2014 RETAIL figures due this week will reveal whether Britain’s major brands are going into the New Year with a Christmas hangover. Marks & Spencer and Tesco are both set to report on Thursday, and J Sainsbury on Wednesday, with figures likely to show retailers faced a dismal festive season. Debenhams has already set the tone, [...]
Knits the season to be jolly December 18, 2013 Here’s our pick of the classiest Christmas jumpers this winter For Him: Polo Ralph Lauren reindeer jumper £255, ralphlauren.co.ukThis cosy cotton blend should ward off chilly breezes. It also features a Nordic-inspired intarsia-knit design. For Her: Lucille snowflake intarsia jumper £390, harveynichols.comUS women’s brand Alice & Olivia is behind this Scandinavian design, made in a [...]
Get undercover this winter with these luxury umbrellas November 20, 2013 TED BAKER DRIPDOT WALKER UMBRELLA £40 You’re sure to stay completely dry with this extra large umbrella from Ted Baker. The wooden handle looks smart with geo-print on the inner side. tedbaker.com ALEXANDER MCQUEEN GOLD-TONE SKULL HANDLE UMBRELLA £395 Scare away the rain with this skull umbrella from Alexander McQueen. net-a-porter.com PAUL SMITH UMBRELLA BLACK [...]
Ted Baker’s autumn range is a hit as it continues overseas push November 14, 2013 TED BAKER shares surged over five per cent yesterday after the fashion retailer revealed that group sales leapt by 24.4 per cent to £77m in the third quarter of the year. The company said all channels were flourishing, with retail sales up 19.8 per cent to £58.1m in the 13 weeks to 9 November, driven [...]