Fat Face news and archive

Fat Face will soon be under Next ownership

High Street retailer Next is reportedly close to completing an acquisition deal with fashion chain Fat Face. This purchase would involve Next taking over Fat Face's 200 stores, adding to Next's existing network of 500 High Street shops. The agreement is anticipated to be finalized this week, as per initial reports by Sky News. This acquisition...

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Fat Face reports weak Christmas sales in the UK

During five weeks to January 5, 2019, Fat Face said that the company experienced a tough early Christmas trading with traffic in the market down during November. Black Friday appeared to be predominately an online event, however, momentum picked up in the final week before Christmas and continued through the Boxing Day sale. December sales were...

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Liz Evans to join Fat Face as CEO in January 2019

Oasis and Warehouse CEO Liz Evans is heading to Fat Face to replace Anthony Thompson, who is leaving the business in January 2019 after being with the company for almost nine years, reports The Telegraph. At Oasis and Warehouse, current COO Hash Ladha, the company said, has been appointed CEO designate with immediate effect and will become CEO...

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Fat Face and its CEO Anthony Thompson to part ways in January

After serving the retailer for over eight years, Anthony Thompson, CEO of Fat Face has decided to step down from his position in January 2019, reports Retail Gazette. The company is yet to announce a successor to replace Thompson. The report quoted Thompson commenting on his decision through a statement: “Fat Face celebrates its 30th anniversary...

Fashion

Fat Face partners with Whishworks for new platform

Lifestyle clothing and accessories retailer Fat Face recently partnered with Whishworks, a MuleSoft integration and Big Data specialist. The two paired together to create a new application network dubbed MuleSoft Anypoint Platform that allows Fat Face to innovate building a stronger, more efficient customer experience. "Efficient and open...

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Fat Face: Christmas sales increase 12 percent

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...

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Management|ANALYSIS

Fat Face feels the pain of a lesser sterling

The British clothes retailer has felt the pain of a lesser sterling as the increasing pressure of fluctuating currencies has dented its profits. On the back of the profits’ slump, Fat Face has negotiated easier debt terms to cope with the weakened pound. In a full year report issued earlier this month, the company's management announced the...

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Full price promise brings cheer to Fat Face holiday sales

Full price sales at Fat Face increased 7.9 percent in the 54 days to Christmas Eve after the UK-based fashion retailer introduced the price guarantee, which assured that prices would remain unchanged until the Boxing Day Sale, said a report by Retail Week. According to Fat Face Chief Executive Anthony Thompson, the report adds, the price promise...

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Apparel

Fat Face to enter US market

Fashion and lifestyle retailer Fat Face, which is owned by private equity group Bridgepoint, is poised to expand into the US within the next two years, following “very strong” results. The fashion chain, unveiled its plans to open its first stores in the US as well as launch a dedicated website for American customers within two years, as it...