All Fat Face articles – Page 2
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News
Marks & Spencer adds new fashion brands to online stable
M&S is to introduce six more fashion brands to its online platform as it builds its ecommerce operations.
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Retail Navigator Analysis
Fat Face (Overview)
Fat Face is a multichannel lifestyle retailer offering its own brand of good quality, casual clothing, footwear and accessories. It was acquired by fashion giant Next in October 2023 for the value of £115.2m. The business is still being led by Crumbie and is expected to continue to trade and develop its own retail store portfolio after the acquisition.
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Retail Navigator Analysis
Fat Face (Financials)
Fat Face sales moved ahead of pre-pandemic levels, up 15.3% year on year to £270.9m for the year to end-May 2023 (FY2022). The retailer described the year as “exceptional” for the business “with record sales”. Profitability further improved in FY2022 as a result of better trading, with Fat Face posting operating profit of £18.9m, compared to £5.8m the previous year. Online sales accounted for 39.5% of total sales.
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Retail Navigator Analysis
Fat Face (SWOT)
Fat Face has a strong synergy with its new owner, fashion behemoth Next. Not only are both well-established brand names with strong fashion clout and loyal retailers but Fat Face already has a relationship with Next, with the latter having sold Fat Face products on its website since 2016. Initial information on the takeover suggests Fat Face will continue to trade and operate its own stores independently of Next, while Fat Face’s online operations have the opportunity to go from strength to strength after it migrates onto Next’s Total Platform.
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Retail Navigator Analysis
Fat Face (Strategy)
Multichannel development is the current focus for Fat Face, which was acquired by fashion giant Next in October 2023 for the value of £115.2m.
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News
John Lewis adds 30 new brands to ‘modernise’ offer
John Lewis has added more than 30 third-party brands to its autumn/winter range across clothing, accessories and beauty.
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News
Sainsbury’s and Fat Face launch concession partnership
Sainsbury’s has launched a concession tie-up with Fat Face as it ramps up efforts to bring third-party retailers and services into its larger stores.
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Be Inspired
Be Inspired: Lessons in resilience
In the unpredictable world of retail, chief executives and Be Inspired ambassadors Liz Evans, Suzanne Harlow and Jill Ross explain why resilience is the best tool in your belt.
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News
Fat Face snaps up Drapers editor for marketing role
Lifestyle retailer Fat Face has poached the editor of Drapers to take up a new marketing and communications director role.
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Analysis
Analysis: Retail's biggest hires, fires and feuds in 2018
There have been many entrances and exits in the retail sector in the past year. Here is a snapshot of 2018’s most important hires and fires.
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News
B&Q turns its back on Black Friday promotions
DIY giant B&Q will not take part in the Black Friday promotional extravaganza this year.
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Analysis
Move of the week: Fat Face's new chief executive
In a week featuring a number of senior level moves, the departure of Oasis and Warehouse chief executive Liz Evans to run Fat Face is arguably the standout.
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News
Fat Face poaches Oasis and Warehouse boss Liz Evans
Fat Face has poached Oasis and Warehouse boss Liz Evans to succeed Anthony Thompson as its chief executive, Retail Week can reveal.
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News
Fat Face boss Anthony Thompson departs
Fat Face boss Anthony Thompson is leaving after eight years at the helm of the lifestyle retailer.
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News
Fat Face profits and sales rise as it chases US market
Fat Face has reported an increase in full-year profits and sales, with its burgeoning US business driving growth.
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Analysis
Retail Week Live: Is it time for a discounting detox?
If there was one overarching trend to emerge from retail’s Christmas 2017, it was discounting.
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News
Fat Face reveals earnings rise and Christmas sales climb
Fat Face has reported a rise in first-half earnings and “strong” Christmas trading.
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Data
Retail league table: Christmas trading 2017
Find out how retailers have performed during the critical Christmas 2017 trading period, with our league table comparing like-for-like sales.
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Analysis
Glad tidings: 10 ways retail gave back in 2017
Year in, year out, not just during the traditional season of goodwill, retailers give back in countless ways to the communities they serve from Stornoway to Sussex.
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News
FatFace profits dip despite sales rise
FatFace’s profits dipped last year despite rising sales as the company ploughed investment into expansion and logistics.