NEWS from the SHOP March 29, 2012 Ted Baker quick to the draw with its new Spring/Summer menswear collection Ted Baker launched its menswear Spring/Summer collection this month, rather grandiosely dubbed The Great Exhibitionist and His Private Views. Its business-wear range focuses on suits in taupe, silver and navy jacquard, with a tendency towards lustrous material – very indicative of the bolder [...]
TED BAKER MAN’S GETTING HITCHED March 22, 2012 THE EBULLIENT Ted Baker founder Ray Kelvin couldn’t care less how many dips there are in the recession and will not be giving a second thought to the Greek debt crisis – he jokes it’s all “taramasalata and hummus” to him (double dip – get it?). Because he is getting married tomorrow, he proudly told [...]
BEST OF THE BROKERS March 22, 2012 LAIRD UBS downgraded the engineer from “buy” to “neutral” and increased the target price from 190p to 198p after its recent sale of the loss-making handset antennae business in China for £20m. The Swiss bank added: “We note that the underlying growth drivers remain intact and as such expect continued momentum in the business, but [...]
Ted Baker and Inditex upbeat as sales surge March 21, 2012 TED BAKER dispelled some of the retail gloom with a surge in sales yesterday and said it was “well-placed” for opportunities and challenges ahead as it plots the next stage of its expansion abroad. The fashion brand said revenues increased 14.9 per cent to £215.6m last year, helped by a good performance across all of [...]
Ted Baker sales soar March 21, 2012 British designer clothing brand Ted Baker reported a surge in retail sales and said it planned more international store openings in North America and Asia in 2012 to tap into growing consumer demand. Ted Baker, which started as a menswear brand in Glasgow in 1987, reported a 14 per cent rise in retail sales, with [...]
BEST OF THE BROKERS January 15, 2012 TED BAKER Numis rates the fashion retailer as a “hold” with a target price of 700p, after a strong performance from the brand over Christmas trading. The broker says this was achieved despite no significant pre-Christmas discounting, but will not be chasing the stock due to a share price of 15x earnings. EROS INTERNATIONAL Investec [...]
Banks lead FTSE up after bond auctions boost January 13, 2012 Banks led the FTSE 100 up this morning as they were buoyed by tentative signs of recovery in the Eurozone. European shares and the single currency rose after positive comments on the region’s outlook from the European Central Bank and the success of Spain’s bond auction yesterday. Meanwhile Italy launched a €4.75bn bond auction today. [...]
Banks lead FTSE up after bond auctions boost January 13, 2012 Banks led the FTSE 100 up this morning as they were buoyed by tentative signs of recovery in the Eurozone. European shares and the single currency rose after positive comments on the region’s outlook from the European Central Bank and the success of Spain’s bond auction yesterday. Meanwhile Italy launched a €4.75bn bond auction today. [...]
Ted Baker reports strong Christmas January 13, 2012 British designer brand Ted Baker said it would meet forecasts for year profit after a sharp rise in sales over the Christmas period put it firmly in the festive winners’ camp. The group said on Friday its retail sales increased 15.7 per cent in the eight weeks to 7 January driven by a 7.3 per [...]
TED BAKER BUCKS FASHION GLOOM November 17, 2011 BRITISH fashion brand Ted Baker said yesterday it had seen strong third-quarter retail sales growth, as group revenues rose 7.8 per cent in the 13 weeks to 12 November. Retail sales increased 12.3 per cent but were offset by a fall in wholesale sales, which were down 4.7 per cent on the same quarter last [...]