Fat Face H1 sales up 15 percent

REPORT_ For the first half of the year Fatface total sales increased by 15 percent. EBITDA increased

by 57 percent. E-commerce sales increased by 55 percent and now represent 14 percent of overall sales. Sales for the five weeks to January 4 increased by 5 percent against a very strong equivalent period last year, with the week ending December 28 proving to be a record week, and Boxing Day being the biggest single sales day in Fat Face history.

Anthony Thompson, chief executive of Fat Face, said: “Very strong sales during the first half have been followed by record Christmas trading. Investment in our product, service and store environment continues to build trust in the Fat Face brand and our reputation for offering quality, style and value for money. Combined with the further expansion of our UK store portfolio, and the rapid development of our multi-channel offer, this has led to another half-year of double digit sales and profit growth. We remain confident that Fat Face continues to appeal to an increasing number of customers, and we see a range of opportunities for further growth.”

Fat Face is based in the UK. It is a lifestyle clothing retailer. It stocks women’s wear, men’s wear, children’s wear, footwear, and accessories. Fat Face was acquired by private equity group Bridgepoint in 2007. There are currently 208 Fat Face stores in the UK and Ireland.