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Ted Baker posts higher retail sales for Christmas season

Reuters 

(Reuters) - British reported higher sales in the holiday period, helped by a surge in and said an investigation into reports related to the conduct of its founder were progressing.

The company, which was founded in 1988 and has more than 500 stores and concessions globally, said on Wednesday that sales for the five weeks to Jan. 5 rose 12.2 percent, with an 18.7 percent jump in

In December, the company's and founder decided to take a voluntary leave of absence while allegations about his conduct, related in part to his habit of hugging colleagues, were investigated.

(Reporting by in Bengaluru; Editing by Bernard Orr)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 09 2019. 12:49 IST
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