P136 AERTEL 1 136 Wed 23 Feb 08:42:32 1/4 TED BAKER'S Q4 SALES JUMP BY 35% 23 Feb 2022 08:21 Upmarket fashion retailer Ted Baker has today reported higher fourth-quarter sales, as demand for clothing remained robust even in the face of pandemic- related curbs during the reporting period. Sales jumped 35% in the quarter ended January 29, a period in which Britons were advised to work from home and use so-called vaccine passports at some venues. The measures, aimed at curbing the spread of the Omicron coronavirus variant, have since been lifted. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business
P136 AERTEL 1 136 Wed 23 Feb 08:41:30 2/4 TED BAKER'S Q4 SALES JUMP BY 35% 23 Feb 2022 08:21 Ted Baker, like other clothing retailers, has seen demand bounce back from the peak of the pandemic as people returned to socialising and going to the office, but subdued tourism in city centres is still affecting in-store footfall. The company's retail sales - which comprise both in-store and online sales - were running at 10% below pre- pandemic levels before the Omicron warnings and fell to 42% below pre- Covid-19 levels during the latest surge in cases. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business
P136 AERTEL 1 136 Wed 23 Feb 08:41:50 3/4 TED BAKER'S Q4 SALES JUMP BY 35% 23 Feb 2022 08:21 "We were particularly pleased with the performance of womenswear, with bags, footwear and tops all selling well, and a strong initial reaction to the Spring/Summer 2022 collection," chief executive Rachel Osborne said. The retailer has nearly 400 locations mostly in the UK, Europe and North America. It is more than halfway through a three-year turnaround plan launched by Osborne, focusing on cost cuts and boosting its online presence and product range. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business
P136 AERTEL 1 136 Wed 23 Feb 08:42:11 4/4 TED BAKER'S Q4 SALES JUMP BY 35% 23 Feb 2022 08:21 Ted Baker said today that the search for its new chairperson was on track. AERTEL ONLINE - RTE.IE/AERTEL Next ISEQ Dublin Stocks Business