Ted Baker has reported a 17.9% rise in sales for the eight-week period from from 13 November to 7 January – a performance which was in line with its expectations.
The men’s, women’s and lifestyle brand said the performance had been achieved despite “a backdrop of on-going external factors, as highlighted in our interim results, continuing to impact trading across our markets”.
Ecommerce performed strongly over the festive season with sales up 35% and average retail square footage rose by 8.5% to 386,252 sq ft.
The business continued expanding internationally during the period with further concessions opening in China and, with its licence partners, Ted Baker opened its first store in Bahrain and an additional store in Indonesia.
Its annual results for the year ending 28 January 2017 will be announced on 23 March. “The board anticipates that results will be in line with its expectations,” the company said.