Fat Face has posted a 7.4 per cent increase in its sales for the 52 weeks to 2nd June. At a total £239.4 million, with eCommerce now representing 18.2 per cent of sales, it also increased its EBITDA by 5.6 per cent.
Anthony Thompson, CEO said: “We’ve had a really strong year at Fat Face, growing both sales and EBITDA and maintaining the positive momentum created in the prior year. This was thanks to the hard work and investment in the business over the last 24 months. Our longstanding full-price trading stance also continued to work well, especially at key trading times.
“We made further investment in eCommerce and successfully added increased capacity at our distribution centre. As a result, the business has strong foundations on which it can build in the coming five years.”
Fat Face had opened five new stores in the US during the period, to bring its store estate to a total of 233 of which 216 are in the UK. The business is now focused on rolling out further store openings in the US where it has achieved strong trading to date.
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