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:
It will be the most significant expansion in Sephora's history, demonstrating its confidence in the retailer's future.
TODAY, USA:
Shortly, 17 Apple mini-stores will open in hypermarkets across the country. The company intends to start opening such outlets in the fall.
YESTERDAY, India:
The vast mall's construction will cost $760 million, and the project is expected to be completed in seven years.
YESTERDAY, United Kingdom:
The brand plans to close 95 stores nationwide while paying reduced rent for the remainder of the term.
DAY BEFORE YESTERDAY, USA:
Old Spice Barber Shop will also serve as a brand store, digital content studio, and experience lab for new product developments.
DAY BEFORE YESTERDAY, USA:
The company managed to retain its place as the largest retailer in the U.S., with Amazon in second place.
Friend
and Follow
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern


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