Ted Baker Looks Smart With 24% Profit Rise

Written By Unknown on Kamis, 02 Oktober 2014 | 14.47

Fashion chain Ted Baker has seen a 24% jump in pre-tax profit for the first six months of the trading year.

It said pre-tax profit before tax and exceptional items reached £14.4m.

This was achieved as revenue in the period climbed 17.4% to £182.2m.

Chairman David Bernstein said its ongoing international expansion and improved income from brand licensing boosted the result.

Ted Baker started as a menswear store in Glasgow in 1987.

It was a fashion favourite, known for its quirky style, during the Britpop days of the 1990s.

It has since expanded into womenswear, fragrance and accessories such as watches.

The company operates shops in the UK and US, and concessions in department stores.

The fashion firm has also expanded through licensed outlets in a number of Asian countries.


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