Find in the news:
BY COUNTRY

Ted Baker’s Global Reach Ensures That UK Weather Doesn’t Cause Too Many Problems



In the UK the surprisingly warm weather for the time of year is adversely affecting some clothes retailers’ sales, but Ted Baker has seen sales rises in the 3 months to 8 November.

The clothing brand has enjoyed a prosperous period thanks to an increased presence in the international market, with new stores opening up away from the UK. A rise in online sales has also helped to boost their sales and profits in recent months. Management at Ted Baker believe that these factors have helped to balance out the warmer weather that has caused problems for other UK retail clothing chains such as Next.

Ted Baker

A Strong International Reach

Ray Kelvin is the founder and chief executive of the clothing firm. He pointed out that Ted Baker is now a global brand with a “strong international reach”, which has helped to lessen the impact of the local economic and weather related issues. One possible downside to their increased global reach was noted by Kelvin as being their exposure to currency fluctuations. This issue took 2% off the company’s retail sales performance.

In fact, the sales increase for the three months to 8 November stood at 15.7% compared to the same period a year ago. A particularly strong performance from the brand in the Middle East has been noted as one of the key factors behind their recent sales surge.

The retailer’s expansion across the planet has led to new stores being opened in Toronto and Las Vegas, along with additional concessions in South Korea, Portugal, France, Spain and the US. In terms of internet sales, an impressive 34.6% rise was reported.

The first half of this financial year had been even better for Ted Baker. In this period, they saw sales shoot up by 17.4% and profits by 24%.Their full year wholesale sales growth forecast for the full year has now been raised from 18% to 20%. 

More about shopping malls in the United Kingdom



TODAY, USA:
Stüssy is preparing to launch the new archive store in Brooklyn, New York, for one month.
YESTERDAY:
Located on Broadwick Street in Soho, London.
DAY BEFORE YESTERDAY, USA:
Luxury fashion house Balenciaga inaugurated its first standalone store in Chicago, Illinois.
May 21, 2024, France:
Some fashion brands are opting to hold their showroom presentations in Milan this season due to logistical challenges posed by the Olympics.
May 20, 2024:
The collection follows the recent launch of Zara's 'Timelesz' line and represents another step in enhancing its kids' division.
May 17, 2024:
David Beckham has signed a multi-year design deal with Hugo Boss
Friend
and Follow
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
Westfield Santa Anita ADDRESS: 400 S. Baldwin Ave. Arcadia, CA 91007
USA . Arcadia
Westfield Santa Anita
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us