StockMarketWire.com - Fashion retailer Ted Baker said it had boosted sales during Christmas, though it noted that trading conditions continued to be challenging.

Sales for the five-week period from 2 December rose 12.2% on-year, and 10.5% on a constant currency basis.

E-commerce sales rose 18.7% and represented 25.7% of total retail sales.

Average retail square footage rose 5.0% to 429,576 square feet.

Ted Baker said gross margins remained in line with its expectations 'against a backdrop of increased promotional activity'.

The company's full-year results were expected to be in line with its expectations, it added.

'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,' acting chief executive Lindsay Page said.

'This result again reflects the strength of the brand and the quality of our collections.'

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