January 10, 2018 / 7:12 AM / 5 months ago

Ted Baker posts rise in retail sales for Christmas season

Jan 10 (Reuters) - British fashion retailer Ted Baker Plc on Wednesday reported higher retail sales in the key Christmas period, helped by a surge in online sales.

The company, which has close to 500 stores and concessions globally, said retail sales for the eight weeks to Jan. 6 rose 9 percent.

Ted Baker, which has the bulk of its sales online, said e-commerce sales in the same period rose 35 percent and now make up about 30 percent of its total retail sales. (Reporting by Rahul B in Bengaluru; Editing by Bernard Orr)

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