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However, advantageous online sales helped abutment a 3.5% access in half-year acquirement to £306m. E-commerce retail sales jumped 25.7% to £53m over the period.

The Board declared an acting allotment of 17.9p, apery a year-on-year access of 7.8%, which will be payable on 23 November 2018.

Looking forward, the aggregation accepted the additional bisected of the year to abide challenging, but said it was “well positioned” to abide the firm’s abiding development.

“Our adjustable business archetypal ensures that our chump has assorted channels to appoint with Ted Baker and our all-around e-commerce business continues to expand, accurate by our agenda business action and different food that advertise the brand,” said Founder and Chief Executive Ray Kelvin.

For its broad division, the aggregation anticipates advertisement mid to aerial single-digit sales advance (in connected currency) for the abounding year.

The aggregation affairs to accomplish its aing trading amend in aboriginal December.

At 9:42am: [LON:TED] Ted Baker Plc allotment amount was -243p at 2065p

Story provided by StockMarketWire.com

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