Ted Baker is expected to report another set of disappointing figures next week as a combination of low consumer confidence, Brexit and the weather conspire to hit the fashion chain. Ted Baker is expected to report another set of disappointing figures next week as a combination of low consumer confidence, Brexit and the weather conspire to hit the fashion chain. City analysts predict the retailer, which releases figures for the third quarter on Thursday, will see “challenging conditions” on the high street drag on sales. Jefferies has also downgraded its full-year profit expectations for Ted Baker. High street store sales plummeted 10.4% per square foot in constant currency.
Source: Irish Independent November 30, 2018 12:45 UTC