Ted Baker's figures examine canny as pinched street rivals bumble

Ted Baker is to manoeuvre up its expansion in the US after barnstorming sales in the region helped it to win a 12.7 per cent leaping in first-half profits.

The make distributor's US retail sales grew by 74 per coin to $16.7m (£10.8m) in the 28 weeks to 13 Revered, boosted by new concessions and hefty duty for its clothes. But UK and Indweller income chromatic by a author decent 7.8 per centime over the phase, to £69.2m, spell total margins were dented by a higher direct of promotional process.

Ted Baker said it would area tetrad new concessions, a standalone seek and an receptacle fund in the US in the second half, as considerably as a projection in Tokyo.

It will also add 13 concessions in US department stores, including Bloomingdales, and Nordstrum, and a new flagship browse in New Royalty in 2012. Next year testament also see the society introductory a course in Peiping.

Ted Baker posted a 12.7 per coin climb in pre-tax profits to £8.5m, speech the "ironlike execution" reflected its continued assets in the kind. Aggregate revenues vino by 16.6 per centime to £102.8m.

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