Manufacturing

Hampshire-based Fat Face sees profits increase

Published by
Stephen Emerson

Fat Face has reported an increase in profits thanks to record sales last year.

The Havant-based firm saw record sales in the year to May 28 which helped profitability return to pre-pandemic levels. Sales reached £244.9 million over the year, while pre-tax profit hit £10.9 million.

Fat Face has signed partnerships with Next and Marks & Spencer which have helped to boost sales.

During the four months, digital sales jumped 13% while in-store revenues increased 9%.

CEO Will Crumbie told Retail Week: “Everything’s there to say it’s going to be a good Christmas. But we are also incredibly aware that the market is incredibly tough with lots of high discounting in the year, so we’ll always stay full price up until Christmas Eve.”

Picture caption: Alwyn Ladell Flickr

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

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