Ted Baker’s shares rose to Thursday morning after the fashion brand has significantly reduced the loss of 28 weeks until August 14.
The loss before the tax before the tax decreased from £ 86.4 million to £ 25.3 million in the same period of the previous year.
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“We are satisfied with our continuous progress when we have returned to the growth of revenue and have made a major progress in profitability. This brand is healthy and early for new collections. We provide a more powerful full price mix than promoting the reaction, “said Rachel Ozbone, the highest executive officer.
Ted Baker’s stocks rose to 145.2p on Thursday early trade, and then returned to more than 2 %.
For a few years, the cash remained plus in a pure gold position of £ 12.4 million, despite the intense years of a few years.
“The six -year results of Ted Baker indicate that it has returned to profitability to restore the image as a premium brand. Laura Hoyy, an equity analyst of Hargreaves LanSdown. He states:
“The number of headlines is dressed on the decrease in e -commerce sales. The group opposed the strict comparison because last year’s intense promotional activities showed online sales. And we praise the group of two -digit sales of the group’s commitment.
“Most of the TED transformation plan is to improve the group’s digital presence. This progress has slowed down by the management of the management back to launch a new online platform in early 2022. Shopping does not mean that the E -commerce does not mean that it shows a deceleration. I would like to see the same from the sales. “
