Oct 3 (Reuters) - British fashion retailer Ted Baker Plc
reported a first-half pretax loss and warned of a slow
start to the second-half of the year on Thursday, hurt by
unseasonably warm weather, heavy discounting by competitors and
weak consumer demand.
The company, which had earlier flagged an "extremely
difficult" start to the year, reported a pretax loss of 23
million pounds ($28.27 million), compared to a profit of 24.5
million pounds a year ago, for the six months ended Aug. 10.
Ted Baker said the slower start will hit its full-year
performance and cautioned that second-half results would be
lower if the hurdles persist.
($1 = 0.8136 pounds)
(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Bernard
Orr)