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Fatface

  • FatFace slims down workforce as brand returns to profit

    Retail

    FatFace shed almost 300 jobs as it returned to profit in its first full year after being acquired by FTSE 100 giant Next. The retailer was snapped up by the Leicester-based group for £115.2m in October 2023 in a deal which saw it fall to an initially reported pre-tax loss of £3.2m in the 35 weeks [...]

    FatFace was acquired by Next in 2023. Credit - Getty
  • Fatface counts the cost of takeover by Next as fashion retailer enters the red

    Retail

    Fatface slumped into the red in the aftermath of its takeover by FTSE 100 giant Next last year, it has been revealed. The Hampshire-headquartered business was acquired by the Leicester-based giant for £115.2m in October 2023. Newly-filed accounts with Companies House show that Fatface fell to a pre-tax loss of £3.2m in the 35 weeks [...]

    Fatface was bought by Next in October 2023. (Photo by David Rogers/Getty Images)

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