16th Jan 2007 07:01
Ted Baker PLC16 January 2007 16 January 2007 TED BAKER PLC CHRISTMAS TRADING STATEMENT Ted Baker, the British designer brand, is pleased to announce an 11% improvementin sales in its retail division for the period from 1 November 2006 to 24December 2006, against the same period last year. The brand's strong collections have once again driven consistent double-digitsales growth, both in the UK and overseas. Gross margins were in line with thelevels achieved last year and we are starting the new season with a clean stockposition. Ted Baker's careful global expansion continues and we are pleased to announcethat a further licensed store opened in Dubai in December. The Group nowoperates six stores under licence across Asia and the Middle East, with furtherstores scheduled to open in the next financial year. We expect to announce our preliminary results for the 52 weeks to 28 January2007 on 21st March 2007. Commenting on trading, Ray Kelvin, Chief Executive, said: "We are pleased to report another strong performance for Ted Baker in the UK andoverseas and look forward to the brand's continued development. The performanceis in line with expectations and we look forward to a successful outcome for thefull year." Enquiries:Ted Baker: Tel: 020 7255 4800Ray Kelvin, Chief ExecutiveLindsay Page, Finance Director Hudson Sandler Tel: 020 7796 4133Sandrine GallienKate Hough Please also investigate the newly re-designed website at www.tedbaker.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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