Ted Baker remains “resilient” despite shop sales plunging 79%

// Ted Baker sales drop 50% to £51m
// The retailer saw in-store revenue plunge 79% to £15.8m
// Group revenue declined 55% to £60.9mTed Baker has reported a “resilient” growth with a particularly strong performance online, despite sales halving due to the impact of the coronavirus pandemic.
The fashion retailer saw its year-on-year sales drop by 50 per cent to £51 million for the 11 weeks to July 18.
In stores, revenues plunged 79 per cent to £15.8 mill