Ted Baker Clothing – On the rise! Is this an indicator that consumers are looking for cheaper fashion?
The trends seen during the period have continued into the New Year. Trading in the post Christmas sales period has been strong and we expect to end the season with a clean stock position.
Commenting on trading, Ray Kelvin, Founder and Chief Executive, said: “I am pleased to report that trading continued to exceed our expectations in a very competitive environment. This performance is testament to our innovative product design, quality, attention to detail and excellent customer focus. I would like to thank the team at Ted Baker for their continuing hard work and dedication.
The outlook for 2010 is again uncertain but we remain well placed to deal with the challenges ahead. Our collections continue to be positively received by our customers and the brand is well positioned globally to benefit when growth in consumer demand returns. We remain focussed on investing in the business through our multi-channel distribution strategy.”