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Ted Baker sales up

Fashion retailer Ted Baker has notched up an 18% rise in group sales after its spring and summer collections sold well in the UK and abroad.

The improvement in the 19-week period to June 7 was helped by a 9.5% increase in trading space as the firm opened two new stores, at Heathrow's Terminal 2, and in Glasgow - the city where founder and chief executive Ray Kelvin launched his first store in 1988.

Internationally, the group opened new stores in Philadelphia and California; concessions in France, Spain and Tokyo; and a joint venture outlet in Brisbane.

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