Ted Baker And Joules Sales Rose Year By Year, Leading High Street Retailers.

Last week, one of the largest in Britain.

Retailer

PLC (NXT.L) first announced the weak Christmas holiday season's performance and its pessimistic attitude towards the market, causing the market to become a panic for high street retailers. However, smaller retailers Ted Baker PLC (TED.L) and Joules Group PLC (JOUL.L) today depicted another scene.

Ted Baker PLC revealed that its sales rose by 17.9% in the 8 weeks before January 7th, while the fixed exchange rate rose to 10.6%.

Retail sales of Joules Group PLC surged by 22.8% in the first 7 weeks of January 8th.

Ray Kelvin, founder and chief executive of Ted Baker PLC, attributed the success of the holiday season to a 35% increase in online sales.

The attractiveness and quality of the product series.

The brand currently has only 20 independent stores in the UK, and franchise stores in the United States, the Middle East and China.

Tom Gadsby, a Liberum analyst at brokerage firm, points out that Ted Baker PLC only stores in prime locations, making most consumers less risky to buy online, and that growth can be achieved without high investment.

Liberum rated Ted Baker PLC (TED.L) as "buy", which rose 5.05% to 2783 pence today.

As for the Joules Group PLC (JOUL.L) that only landed in London's AIM market in May 2016, it surged up to 5.4% to 230.82 pence and hit a new high.

Founded in 1989 by Tom Joule, Joules currently operates more than 100 stores, with a total revenue of 116 million 400 thousand pounds in fiscal 2015 and a 50% increase in the past two years.

Joules brand store selling British country style clothes

The House of Fraser Freddie department, which is controlled by China's three cell group, has also made remarkable achievements.

From November 21st to December 31st, the group's comparable sales increased by 2.7%. The outgoing chief executive, Niger Oddy, revealed that online demand for black Friday and boxing day two weeks was very strong. Online sales recorded a 16% growth, and the business accounted for 41% of the total holiday season sales, while sales of physical department stores fell slightly by 0.9%.

At present, e-commerce is still the biggest winner of the holiday season in Britain.

Yesterday, the fast fashion business Boohoo.com PLC (BOO.L) said that the holiday season (the 2017 quarter of fiscal three) sales achieved a huge growth of 55%, far ahead of the 46% expected by the market, and prompted the group to increase its annual sales growth for fifth times in six months.

Analysts also estimated that Boohoo.com PLC's biggest competitor, ASOSPLC (ASC.L), could grow by 30%.

The expected growth rate of Marks&Spencer Group PLC (MKS.L) Marsha general merchandise, cheap clothing retailer Primark, chain corporation John Lewis and Debenhams PLC (DEB.L) is only low single digit, mainly due to the continuous low impact of high street passenger flow.

According to the world clothing and shoe net, during the holiday season, Next PLC has seen a 0.4% decline in full price sales, while the market is expected to grow by 2.2%. The group has also lowered its annual sales and earnings forecasts, and has repeatedly expressed the prospect of difficulty, especially in the case of rising prices.

The performance update led NextPLC (NXT.L) to lose 17.1% in 2017 to 6 billion.

Ipsos Retail data showed that the high street pedestrian traffic in Britain in December 2016 was the lowest in the same period since 1998, compared with a decrease of 9.3% over the same period last year, and the total number of people in the fourth quarter decreased by 6.6% compared with the same period in 2015. The Retail Intelligence Director Tim Denison of Ipsos believes that the black Friday from the United States has disrupted traditional shopping habits. The deeper reason lies in the structural change of buying behavior and the overall weakness of consumer demand.

Although the location of the mid-range Ted Baker PLC continues to outperform the apparel counterparts, CEO Ray Kelvin still looks down on the prospect of high street.

He warned that as consumers continue to spend more on online shopping, high street will become desolate and miserable.

He also complained that retail had changed from a previously meticulous industry to a "face less business". It only relies on express companies and service providers to handle purchases for buyers and sellers.

Ted Baker PLC (TED.L) received 2714.71 pence on Wednesday, 11, narrowed to 2.5% a day, and Joules Group PLC (JOUL.L) rose 2.51% to 224.49 pence.

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