Inactive Instrument

Ted Baker

Equities

TED

GB0001048619

Ted Baker plc Announces Sales Results for the Eight Week Period from November 11, 2012 to January 5, 2013; Provides Earnings Guidance for the Year Ending January 26, 2013

January 09, 2013 at 02:00 am EST

Ted Baker plc announced sales results for the eight week period from November 11, 2012 to January 5, 2013. For the period, the company's retail sales increased 20.9% compared to the same period last year. Average retail square footage rose by 13.9% over the period to 273,340 sq. ft. compared to 240,001 sq. ft. a year ago.

The company provided earnings guidance for the year ending January 26, 2013. For the year, the company expects profit before taxation for the year ending January 26, 2013 will be in line with expectations.

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Company Profile

Ted Baker plc is a United Kingdom-based global lifestyle company. The Company operates through three segments: Retail, Wholesale and Licensing. Its retail channel consists of stores, concessions and e-commerce, providing an omnichannel experience. The Company's wholesale business in the United Kingdom serves countries across the world, particularly in the United Kingdom and Europe. It also operates both territorial and product licenses. The Company offers a range of collections, including menswear, womenswear, accessories, bedding, childrenswear, eyewear, footwear, fragrance and skin wear, gifting and stationery, jewelry, lingerie, underwear and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, towels, wallcoverings and watches. The Company has approximately 375 stores and concessions around the world. The Company operates primarily in the United Kingdom, Europe, North America, Middle East, Africa, Asia, and Australasia.

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