×
44
Fashion Jobs
COLUMBIA SPORTSWEAR COMPANY
Planner ii-Production
Permanent · HANOI
ADIDAS
Manager, Sustainable Sourcing - Environmental Field Operations
Permanent · HO CHI MINH CITY
PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
PVH
Manager, Quality Assurance – Process Engineer
Permanent · HO CHI MINH CITY
PVH
Manager, Merchandising
Permanent · Ho Chi Minh City
PUMA
Assistant Manager Development Fabric Apparel
Permanent · Ho Chi Minh City
CROCS
[Footwear] (sr.)Restricted Substance & Testing Engineer
Permanent ·
CROCS
[Heydude] [Footwear] Commercialization & Engineering Manager (North, Central, South Vietnam)
Permanent · NORTH CENTRAL COAST
H&M
Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Crescent Mall
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian - Vincom Đồng Khởi
Permanent · HO CHI MINH CITY
TIFFANY & CO
Client Relations Executive, Vietnam
Permanent · Ho Chi Minh City
COLUMBIA SPORTSWEAR COMPANY
lo Costing & Engineering Manager
Permanent ·
ADIDAS
Assistant Manager, E-Commerce Buying
Permanent · HO CHI MINH CITY
SHISEIDO
Digital Marketing Intern
Internship · Ho Chi Minh City
SHISEIDO
Marketing Intern
Internship · Ho Chi Minh City
SHISEIDO
E-Commerce Intern
Internship · Ho Chi Minh City
PVH
Senior Accountant
Permanent · Ho Chi Minh City
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Vincom Ocean Park
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực đà Nẵng
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực đà Nẵng
Permanent ·
H&M
3pl Business Expert - Import, Export And Controlling
Permanent · BIEN HOA
By
Reuters
Published
Nov 13, 2008
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Ted Baker sales growth slows in Q3, cautious on Q4

By
Reuters
Published
Nov 13, 2008


Ted Baker fall-winter 2008/2009

* Q3 revenues up 1.8 pct

* FY wholesale sales fall to be close to H1 decline

* Cautious about Q4 trading

(Adds detail)

LONDON, Nov 13 (Reuters) - British fashion label Ted Baker reported a slowdown in sales growth in the third quarter of its financial year, hit by a big drop in wholesale sales, and said it was cautious about prospects for the fourth quarter.

The firm, with stores in the UK, United States, continental Europe, the Middle East and Asia and also present in department stores, said on Thursday its revenues rose 1.8 percent in the 13 weeks to Nov. 8 compared with the same period the year before.

Revenues were up 8.2 percent in the 28 weeks to Aug. 9.

Retail sales were up 13.3 percent in the third quarter, compared with a 17.5 percent rise in the first half, while wholesale sales were down 21 percent, accelerating a first-half decline of 12.1 percent.

"(This was) partly due to the later phasing of deliveries but also reflecting the challenging trading conditions being experienced by our customers," Ted Baker said in a statement.

The firm had previously said full-year wholesale sales would fall compared with the year before.

It said on Thursday it expected the fall would be "closer to the trend of the first half, which was 12.1 percent below the level of the previous year".

"Our brand is well positioned and our Autumn/Winter 2008 collections have been well received by our customers. However, the current economic difficulties must make us cautious about trading for the remainder of the financial year," it said.

Ted Baker said third-quarter gross profit margins were in line with expectations.

Its shares closed at 312 pence on Wednesday, valuing the business at about 132 million pounds ($204 million).

(Reporting by Mark Potter; Editing by Mike Nesbit)

© Thomson Reuters 2023 All rights reserved.