Retailers Kingfisher and Next raised hopes they can lift profits this year by cutting costs and keener purchasing even if Britain's consumers face a tough time as the government moves to cut borrowing.
Designer brand Ted Baker said trading was exceeding its hopes and reaction to its Autumn/Winter ranges had been "encouraging," as it posted a less worse than feared fall in first-half profit, sending its shares higher.
British designer brand Ted Baker Plc said on Tuesday 16 June it was confident full-year results would be in line with expectations as it posted a 7.6 percent increase in revenue for the 19 weeks to June 12.
British fashion label Ted Baker on Wednesday March 25 reported an 11.4 percent fall in full-year profit and said profit in 2009 would likely be lower due to the uncertain economic environment.Ted Baker posted an und...
Europe's shoppers are focusing on cheaper goods and essentials, despite policymakers' best efforts to boost spending, resulting in the best ever Christmas for British supermarket group J. Sainsbury, but hitting specia...
British fashion label Ted Baker reported a slowdown in sales growth in the third quarter of its financial year, hit by a big drop in wholesale sales, and said it was cautious about prospects for the fourth quarter.
Mid-market clothes retailers will continue to lose market share to premium stores as shoppers, who have been saturated by product choice in recent years, become more selective, a report released on Thursday said.
Britain's Prologic , the specialist software provider to fashion retailers, on Friday became the latest victim of the country's retail downturn, issuing a profit warning that sent its shares down 43 percent.