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Fat Face: Christmas sales increase 12 percent

By Prachi Singh

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Report

Casualwear retailer Fat Face has announced that total Christmas sales increased 12 percent over the last year, reports Financial Times. The company’s ecommerce sales during the period under review rose 24 percent.

For the 53 weeks to June 3, 2017, FatFace had said that it sales increased as the company invested in space expansion and a new 80,000 sq. ft. distribution centre, now fully operational. Total sales for the year, increased to 226.1 million pounds (299 million dollars), while EBITDA decreased to 29.7 million pounds (39 million dollars) but on a constant currency basis increased 0.9 percent.

The company added 10 new stores including three in the US during the year under review. In addition, the company added that first US department store partnership with Von Maur was signed during the year.

Picture:Fat Face website

Fat Face