Online growth shores up Ted Baker sales, shares fall three percent
Shares in the company fell more than 3 percent after it posted revenue growth for the 19 weeks since the end of January of 4.2 percent - less than a third of the 14.2 percent expansion it reported at the same time last year. Retail sales overall grew just 0.7 percent - propped up by a 34 percent rise in trading by its e-commerce wing. A solid expansion into online and wholesale sales has helped make Ted Baker one of the brighter spots among crisis-hit British high street stores.