Ted Baker has posted a rise in sales and profits in its half-year report against a background of “challenging” trading conditions. The upmarket retailer recorded a 14 per cent rise in revenue to £295.7 million and a 17.8 per cent increase in pre-tax profit to £25.3 million in the six months to August 12. Bricks-and-mortar retail sales climbed 9.2 per cent on a constant currency basis to £217.7 million, while online sales jumped 40.7 per cent to £42.7 million.
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Ted Baker records half-year profit as growth continues