Ted Baker posts higher half-year revenue on strong online sales

FILE PHOTO: Rain drips off a sign on a Ted Baker sign on a store in London, Britain October 06, 2015. REUTERS/Neil Hall - Copyright Neil Hall(Reuters)

By Reuters

Published on 04/10/2018 - 09:04•Updated 25/04/2024 - 11:27

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(Reuters) - Clothing and accessories retailer Ted Baker <TED.L> posted a 3.5 percent rise in half-year revenue on Thursday, helped by a significant uptick in online sales.

E-commerce sales surged more than 24 percent. Pre-tax profit fell 3.2 percent to 24.5 million pounds for the half-year ended Aug 11.