Ted Baker reports jump in retail sales over holiday season
8th Jan 2015 08:21
Ted Baker reported a 22.8% rise in retail sales over the holiday period as shoppers stocked up for the festive season, according to a trading update on Thursday. In the period from 9 November to 3 January average retail square footage rose by 9.2% to 331,208 compared to a tough comparative period a
Read moreTed Baker reports "further progress" across global markets and distribution channels
13th Nov 2014 09:05
British clothing retailer Ted Baker reported a 15.7% increase in group revenue for the 13-week period from 10 August 2014 to 8 November 2014 compared with year-on-year results. The group said that retail sales for the period increased by 12.7% and average retail square footage rose by 9.5% from 300,
Read moreTed Baker disappointed after ruling on AXA Insurance UK case
31st Oct 2014 09:52
Ted Baker on Friday said it is "disappointed" after it received judgement from the High Court that its on-going claim against AXA Insurance UK has not been upheld. The group said a further hearing to determine the award of costs is expected to be held in the next few weeks. The case with its previo
Read moreLondon open: Stocks start the day lower ahead of the ECB
2nd Oct 2014 09:11
UK stocks slid lower early on in the Thursday session, tracking losses seen in Asia and the US overnight and ahead of the European Central Bank's (ECB) rate decision, which was due out later in the day. As of 09:17 the Footsie was off by 27 points to 6,530. Although the ECB is not expected to adjus
Read moreLondon pre-open: FTSE to continue lower ahead of rate decision
2nd Oct 2014 07:39
UK stocks are expected to continue to slide lower on Thursday, tracking losses seen in Asia and the US overnight and ahead of the European Central Bank (ECB) rate decision. City sources predict the FTSE 100 will open around 18 points lower than yesterday's close of 6,557.52. Although the ECB is not
Read moreTed Baker delivers strong first half performance
2nd Oct 2014 07:06
Clothing retailer Ted Baker sewed up a strong performance in the first half thanks to progress across all of its established territories and distribution channels. For the 28 weeks ended 9 August, revenue climbed 17% year-on-year to £182.2m, helping to drive profit before tax 33.8% higher to £15.6m
Read moreFTSE 250 movers: Bovis Homes leads after positive interims
18th Aug 2014 14:49
Bovis Homes was the top performer after delivering what Panmure Gordon described as a "positive set of interim results". Pre-tax profit in the six months to 30 June totalled £49.4m, up 166% over the year before, on revenues that jumped 75% to £322.1m, as completions reached a record level and sales
Read moreLondon midday: Stocks rise as geopolitical tensions ease
18th Aug 2014 11:34
- Investors focus on crisis talks in Berlin - Carney says rate hike may come before wage growth - UK asking prices drop by record 2.9% in August - Bovis Homes impresses with 166% increase in H1 profit techMARK 2,779.40 +0.86% FTSE 100 6,733.96 +0.67% FTSE 250 15,763.23 +0.61% A reduction in geopol
Read moreTed Baker appoints COO as Finance Director
9th Jul 2014 11:33
Clothes retailer Ted Baker has appointed Group Finance Director, Lindsay Page, to the additional role of Chief Operating Officer (COO). The FTSE 250 constituent also announced that Company Secretary Charles Anderson has been appointed as Finance Director of its subsidiaries. Chairman David Berns
Read moreSector movers: M&S caution, rate-hike speculation dampen retail stocks
7th Jul 2014 14:55
General retail stocks were under the weather on Monday as investors showed nervousness ahead of results from High Street bellwether Marks & Spencer and reacted to rate-hike speculation. Shares in M&S were down 1% this afternoon before its fiscal first-quarter update due out Tuesday morning which wi
Read moreWednesday broker round-up UPDATE
11th Jun 2014 09:05
ASOS: Berenberg reduces target price from 5350p to 3785p, while its buy recommendation is kept. Babcock International: Citi reduces target price from 1320p to 1280p and retains a neutral rating. Cobham: UBS raises target price from 290p to 315p and keeps a neutral rating. Dechra Pharmaceuticals:
Read moreFTSE 250 movers: Oxford Instruments rises after strong results
10th Jun 2014 13:58
Technology tool maker Oxford Instruments was higher after hailing an improved set of full-year results, with orders, sales and profits all ahead of the prior year. JD Sports Fashion was lifted by expectations of increased sales ahead of the start of the World Cup on Friday. Lonmin led to the down
Read moreOriel downgrades Ted Baker despite strong sales growth
10th Jun 2014 10:41
Oriel Securities has downgraded Ted Baker shares from 'buy' to 'add' despite a strong start to the year from the fashion retailer, saying that upside is limited given the stock's current valuation. The company said that group revenues jumped 17.9% in the first 19 weeks of its financial year, helped
Read moreTuesday broker round-up UPDATE
10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
Read moreTed Baker sees sales rise 17.9% as global expansion continues
10th Jun 2014 07:18
Group revenues at British fashion retailer Ted Baker jumped 17.9% in the first 19 weeks of its financial year, helped by a strong performance across established markets and "progress" in its newer markets. During the period between January 26th and June 7th, retail sales improved by 15.8% on last y
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