Ted Baker posts rise in retail sales for Christmas season
Jan 10 (Reuters) - British fashion retailer Ted Baker Plc (Other OTC: TBAKF - news) 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)