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Ted Baker bags licences to expand into Middle East and Indonesia

first_img whatsapp “MAP is the leading retail expert in Indonesia, and they have the right team and experience in place to build on the strong foundations that are already in place.” “We are delighted to be signing these agreements with Al-Futtaim and MAP. Having worked with the Al-Futtaim team for many years, we know they have an excellent understanding of Ted Baker and our customers,” group commercial and business development director, Helen Costello, said. The move forms part of the lifestyle brand’s three-year plan to deliver higher profits, generate more cash and drive a greater return on capital employed business. (AFP via Getty Images) The move forms part of the lifestyle brand’s three-year plan to deliver higher profits, generate more cash and drive a greater return on capital employed business. (AFP via Getty Images) Also Read: Ted Baker bags licences to expand into Middle East, North Africa and Indonesia Share The MENA expansion, which was agreed yesterday, will be Ted Baker’s first omni-channel territory operated by a license partner, where retail, e-commerce and wholesale channels are integrated. With the latest license agreements, Ted Baker will have 17 retail licence partners and 20 product license partners worldwide. Ted Baker said this morning it has secured two 10-year long territory license deals, in a bid to grow further into the Middle East, North Africa and Indonesia. Show Comments ▼ Millie Turner by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBrake For ItSay Goodbye: These Cars Will Be Discontinued In 2021Brake For ItLivestlyPlugs Have These Two Holes At The End, Here’s WhyLivestlyBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionFactableAluminum Foil Uses You’ll Want to KnowFactableDrivepedia30+ Funny Photos Of Car Owners Having A Rough DayDrivepediaMoneyWise.comMechanics Say You Should Avoid These Cars In 2021  MoneyWise.comThe Legacy ReportMan Who Predicted 2020 Crash 45 Days Early Issues Next Major WarningThe Legacy ReportFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorLiver Health1 Bite Of This Melts Belly And Arm Fat (Take Before Bed)Liver Health The group’s new e-commerce platform is set to launch after the first quarter of this year. The move forms part of the lifestyle brand’s three-year plan to deliver higher profits, generate more cash and drive a greater return on capital employed business. Thursday 11 March 2021 9:17 am The decade long agreement, signed in February, has driven store and concession openings and will allow Ted Baker to sell via selective online platforms in Indonesia. Ted Baker bags licences to expand into Middle East, North Africa and Indonesia whatsapp The move forms part of the lifestyle brand’s three-year plan to deliver higher profits, generate more cash and drive a greater return on capital employed business. (AFP via Getty Images) Also Read: Ted Baker bags licences to expand into Middle East, North Africa and Indonesia The retailer has extended its pre-existing Al-Futtaim agreement for retail, which now includes e-commerce rights in the Middle East and North Africa (MENA), after operating its retail license in the regions for 13 years. Meanwhile, the retailer’s agreement with PT Mitra Adiperkasa (MAP) give the group retail rights for the Indonesian market. Tags: Ted Bakerlast_img read more