If Brexit Britain is to be all about worldwide expansion, then Ted Baker is just the sort of retailer-cum-fashion brand that the City should want to foster. Unashamedly global in its outlook, Ted Baker’s aim is to take the quirky fashion sense that helped it to grow from a Glasgow boutique into one of Britain’s leading dressers to markets thousands of miles from home.
On the evidence of the latest results, while Britain remains by far the larger part of the business, Ted Baker is making good progress on its strategy. From just over a tenth of its overall sales eight years ago, overseas accounts for 40 per cent of group turnover. This trend is expected to continue despite challenging conditions in the United States,