CLOTHING and accessories retailer Ted Baker has promoted group finance director Lindsay Page to chief operating officer.
Page will continue as group FD in addition to the COO role, while company secretary Charles Anderson has been appointed as finance director of the company's subsidiaries.
David Bernstein, non-executive chairman, at Ted Baker said: "We are pleased to announce these promotions, which will support Ted Baker as we continue to develop the brand globally."
Last month, the fashion brand announced an 18% rise in sales as it reported its first full quarter of growth in four years, driven by 48.1% growth in its online business and expansion overseas where it has been opening more stores in the US, Spain, France the Netherlands and Japan.
Retail sales for the period were 15.8% the same period last year, while wholesale revenues were up 25.2%, reflecting a good performance from its UK and export business and a strong performance from the US wholesale business.
Ted Baker's founder Ray Kelvin said the brand had continued to "perform very well" and that it had "delivered further progress across our global markets and distribution channels".
Shares in Ted Baker were down 1.2% to £17.42 in morning trading on the London Stock Exchange.
For more share information visit the share price centre
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.