FatFace
This coverage focuses on FatFace’s presence and strategies within the UK retail market. The brand operates over 200 stores across the UK and Ireland, offering a range of clothing, footwear, and accessories for men, women, and children. FatFace is known for its commitment to sustainability, having achieved B Corp certification and carbon neutrality for its UK operations since 2021. Recent developments include store openings in locations such as Aberdeen and the Isle of Man, reflecting the brand’s ongoing expansion and community engagement efforts. Our reporting provides insights into FatFace’s market positioning, growth strategies, and its role in the UK’s fashion retail landscape.
-
May- 2025 -8 MayNews-In-Brief
Today’s news in brief-8/5/25
Next has increased its full-year profit guidance to £1.08bn, up £14m, following an 11.4% rise in Q1 full-price sales, outperforming its 6.5% forecast. The retailer attributed the £55m sales boost to warmer spring weather but cautioned that some demand may have been pulled forward from Q2. While retail sales surged,…
Read More » -
8 MayDepartment Stores
Next ups profit guidance as Q1 sales rise by 11.4%
Next has upped its full-year profit guidance as it welcomed “better than expected” sales in the first quarter, with full price sales up by 11.4% as trade was boosted by the warmer spring weather. The “overperformance” meant sales were £55m higher than its forecast for the period, with the group…
Read More » -
Mar- 2025 -27 MarchNews-In-Brief
Today’s news in brief-27/3/25
Next has reported record pre-tax profits of £1bn for the year to January 2025, marking a 10.1% increase, and has raised its full-year profit guidance by £20m to £1.06bn. The retailer attributed its strong performance to acquisitions like Reiss and FatFace, with total group sales rising 8.2% to £6.3bn. Online…
Read More » -
27 MarchDepartment Stores
Next raises outlook as FY profits top record £1bn
Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its history, with the group raising its full-year guidance for the coming year amid further strong trading. In the year to January 2025, full price sales rose by 5.8% while total group sales…
Read More » -
Oct- 2024 -30 OctoberNews-In-Brief
Today’s news in brief-30/10/24
Next is on track to surpass £1bn in profits for the first time, following a strong performance in autumn. The fashion retailer revised its full-year profit guidance from £995m to £1.005bn, citing a 7.6% increase in third-quarter full-price sales, exceeding its 5.0% projection. Colder autumn weather contrasted with last year’s…
Read More » -
30 OctoberClothing & Shoes
Next profits set to top £1bn after autumn trading boost
Next profits are set to exceed £1bn for the first time ever this year, as strong sales over autumn have pushed its full-year guidance from £995m to £1.005bn.It comes as full price sales in the third quarter rose by 7.6% against last year, 2.6% ahead of Next’s previous quarterly guidance…
Read More » -
28 OctoberNews-In-Brief
Today’s news in brief-28/10/24
Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a turnaround strategy, following Frasers’ acquisition of a 27% stake in the fast fashion retailer. He criticised Boohoo’s management and recent refinancing, which he termed unsatisfactory for shareholders. Boohoo’s refinancing agreement…
Read More » -
28 OctoberClothing & Shoes
FatFace falls to £3.2m loss following Next takeover
FatFace has fallen to a pre-tax loss of £3.2m in the 35 weeks ended 27 January 2024, down from a profit of £19.5m the prior year, after exceptional costs rose over the period.It comes as the group faced exceptional costs of £7.9m related to integrations following its takeover by Next,…
Read More » -
23 OctoberNews-In-Brief
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British high streets, which have been struggling to compete with online giants. The proposed measures could come after her upcoming autumn budget, which is expected to introduce tax hikes and spending…
Read More » -
23 OctoberClothing & Shoes
All Saints appoints new ecommerce director
All Saints has appointed Liam Pryce as its new ecommerce director. Pryce joins All Saints after working for four years with FatFace as a digital director. During his term at FatFace, Pryce supported the migration of its operations to Next Total Platform. Throughout his retail career, he also worked with…
Read More »
