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Ted Baker fourth-quarter sales jump 35% -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: A line of people sheltering under umbrellas passes a Ted Baker shop in London on October 6th, 2015. REUTERS/Neil Hall

(Reuters) – Ted Baker, a premium fashion retailer, reported higher fourth-quarter revenues on Wednesday. The demand for partywear and office attire remained strong despite Britain’s recent pandemic.

This group saw a 35% increase in sales in 12 weeks ending Jan. 29, which was the same period when Britain encouraged people to work at home in an effort to stop the spread Omicron coronavirus variant.

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