Ted Baker Live Discussion

TX2 09 Jan 2019

Ted's results I don’t think being a success in retailing today is as simple as bricks & mortar selling bad,on line selling good from the profits point of view. The problem about the internet from the retailers point of view is that it has bought near total price visibility.If you are selling widely available branded goods that lend themselves to fairly cheap home delivery customers will buy where it is cheapest.It is now very difficult to make money on these type of goods whether selling on line or in conventional retail.People will buy on price. To make money you have to have a unique product offer or at least one that can’t be exactly compared with others. Retailers like Ted Baker & Joules are doing well because they have their own range of products and defined customer base and can control price to give themselves a reasonable margin with the proviso that they have to offer an attractive product as can retailers like Next.They also need to be able to adjust their market offer between online & physical retail to suit their customers.In other words not locked into expensive long leases on shops that are now too big and in the wrong place like Debenhams. Even online sellers like AO World & Gear4Music can’t make money because they are selling in the main identical branded goods as their competitors and it is a race to the bottom in pricing.They are unlikely ever to make more than nominal profits at best. Some mainly bricks & mortar retailers like Shoe Zone are doing well because their cheap & cheerful range of shoes is better sold from low cost physical stores than online because posting packing & return costs are too high for online sales.As can retailers like Wilkinsons,B& M etc. If you have an attractive product offer & the right mix of online/physical stores to suit your customers you will do OK. As investors it is a question of finding the companies that will prosper.

Gamesinvestor1 09 Jan 2019

Ted's results Seems to have sone very well and defying the doomsters :- In an update for the five weeks from 2 December 2018 to 5 January 2019, the company said retail sales rose 12.2% compared to the same period a year ago, with e-commerce sales up 18.7% and now making up 25.7% of total retail sales compared to 24.3% the year before. Meanwhile, average retail square footage rose by 5% during the period. The group said gross margins remain in line with its expectations for the full year against a backdrop of increased promotional activity, and it expects to end the year with a clean stock position. Consequently, results for the year to 26 January 2019 are expected to be in line with the company’s expectations. Acting chief executive Lindsay Page said: "The Ted Baker brand has delivered a good performance across both our stores and e-commerce business, despite the continuing challenging external trading conditions across our markets. This result again reflects the strength of the brand and the quality of our collections. “I would like to take this opportunity to thank our teams for their outstanding enthusiasm, skill and commitment throughout this key period and our global partners for their continued support.” The group also said that the work of the independent external investigation conducted by Herbert Smith Freehills LLP in respect of the recent media reports and petition against founder Ray Kelvin is progressing and a further update will be made in due course. Liberum, which rates the stock at ‘buy’, said this was an “excellent” Christmas trading performance. “The group’s flexible retail model and strong proposition clearly drove strong traffic online as well as footfall dynamics over this period,” the brokerage said. “A strong result considering the market backdrop which places Ted Baker in a very distinct group of companies and raises the question as to why Ted’s shares have de-rated 39% over the past 12 months.” Liberum, for whom Ted Baker is a corporate client, said the stock’s current 12-month forward price-to-earnings ratio of 11.8x is “just too low for such a high quality business”.

lawven2 03 Dec 2018

Hugs lol! @Gamesinvestor1 @frog_in_a_tree Both view-points are true to a given extent. I am ambivalent though, because - to me - the bigger deal is that this is about the 4th ‘tanking’ - for profit warning/s included - in just about 2 months. There was a temporary ‘claw-back’ in the interim.: SPs are given to £s so are approximate: From £23+ to £20 circa 01/10/2018 (red) £20 £18 25/10/ (red) £18 £19 09/11 (Increase green) £19 £17.5 20/11(red) £17.5 £15 03/12/2018 (red) I have some definite views on these apparent extremes in SP movements (not just TED’s) but I shall hold my own counsel on these for the time being. Kind regards, All. - LLV

frog_in_a_tree 03 Dec 2018

Hugs lol! Not really, its the sort of publicity a company doesn’t want and could damage it. It looks as though complaints to HR were brushed off because he was the boss. The earlobe thing sounds kinky too. Frog in a tree

Gamesinvestor1 03 Dec 2018

Hugs lol! We could all do with a Hug now an then. [link] Storm in a teacup, seemingly. Games

malj1 05 Oct 2018

Ouch Ted When I look at TED I see a succession of red flags. Mainly these express themselves in the collapse of stock turn which has fallen to the lowest in 2 decades & is now about 2/3 the average over this period. The risks are decline in brand saliency, overstretch in brand range, pipeline fill & also channel stuffing. Brands are marvellous on the way up, but can have the impact of the challenger space missile on the way down. Shades of French Connection here which was a hotshot darling for a while & then imploded in spectacular fashion. Even at the current ‘special offer’ sp TED looks at best fair value to me, so I’ll observe with interest but keep my wallet closed for now.

Gamesinvestor1 04 Oct 2018

Ouch Ted Retail sales including e-commerce were up 1.1% to £220.1m, with retail sales in the UK and Europe 1% higher at £147.1m. In North America, retail sales rose 1.8% to £61.8m, while sales in the rest of the world fell 1.8% to £11.2m. Meanwhile, e-commerce sales jumped 24.1% to £53m. The House of Fraser one of cost has hit the stock badly today, but the growth in e-commerce is very encouraging. If they can keep this growth up, online wil have a growing and lower cost share of the overall business - tempted to add more on this drop. Games

Gamesinvestor1 11 Jul 2018

In 1st time Added third tranche on the dip this morning. Games

Gamesinvestor1 09 Jul 2018

In 1st time Well - over a 3% jump today, looks like decent timing on my entry for once. I’ll be increasing my commitment on this on any pull back. Games

Gamesinvestor1 04 Jul 2018

In 1st time And doubled up at a lower price Games

Gamesinvestor1 04 Jul 2018

In 1st time First purchase of this admired brand at what seems like a reasonable entry level. Games

II Editor 22 Mar 2018

NEW ARTICLE: Great results, so is Ted Baker's slump an opportunity? "LSE:TED:Ted Baker boss Ray Kelvin isn't one for trotting out the usual retail excuses, so when he warns about challenging conditions shareholders tend to sit up and take notice.The @GB:MCX:FTSE 250 Index stock fell 8% as a result today, which is ..."[link]

II Editor 22 Mar 2018

NEW ARTICLE: FTSE 100 and Dow futures in fresh plunge "New Fed chair Jerome Powell delivered the rate hike markets expected, but a more hawkish tone hints heavily at an increasingly aggressive rate tightening cycle, if not this year then certainly in 2019.That's backed up by Powell's comments around ..."[link]

brightonboyaswell 17 May 2017

any ideas for steady price fall Been a steady decline in price since update which looked positive.Anyone heard anything or have any ideas.

Maru118 17 Mar 2017

Re: price dropping Wow, there is life on this board once again! Guess that's a positive from the SP drop.Can't work out why the price is dropping off, doesn't make much sense. I anticipate a good set of results approaching. Probably just noobs worrying about brexit or that annoying hag in scotland.