THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE

FatFace's first half boosted by strong Christmas

FatFace increased its like-for-like sales by by 8% in the five weeks to 6 January.

FASHION

FatFace's first half boosted by strong Christmas

FatFace increased its like-for-like sales by by 8% in the five weeks to 6 January.

Total sales were up 12% as the retailer enjoyed its biggest ever trading week in the week ending 30 December and a record week for full price sales the week before.

FatFace chief executive Anthony Thompson said: “Our trading performance over the Christmas period has been strong on all fronts. We continue to believe that giving our customers price integrity before the big day has been central to this performance.”
 
The company has also released trading figures for the six months to 2 December. During the period, total sales were up 12% to £120 million while EBITDA rose by 8% to £14.9 million. On like-for-like basis, sales climbed by 7%.

International sales increased by 61% to £5.5 million. The retailer now has six stores open in the US and will launch a further three shops in the country in February.

Thompson added: “FatFace has outperformed the market in the first half while maintaining a full price trading stance. Our US stores continue to perform well and we look forward to further openings in 2018 and beyond. This together with a new distribution centre and launch of a new website underpinned a great first half for the group.”

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The HR Summit 2018
The HR Summit 2018
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues