Fat Face
| Use attributes for filter ! | |
| Ceo | Anthony Thompson |
|---|---|
| Founded | Méribel |
| Les Allues | |
| France | |
| Type of business | Clothing & Accessories |
| Founders | Jules Leaver |
| Tim Slade | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 406011 |
About Fat Face
Fat Face is a lifestyle clothing and accessories retailer, based in the UK. It was founded in 1988 by Tim Slade and Jules Leaver as a business selling T-shirts at ski resorts. The company opened its first retail shop in 1993; as of 2014 there were 209 Fat Face stores in the UK and Ireland.
Next set to buy rival brand Fat Face in latest High Street buy
...By Tom EspinerBusiness reporterHigh Street giant Next is understood to be close to securing a deal to buy rival fashion chain Fat Face...
Salcombe: What's it like living in the UK's most expensive seaside town?
... Further down the narrow street, tourists step in and out of the independent cafes, sandwiched between high street names such as Joules and Fat Face...
My father gave me his kidney and saved my life
... I was ashamed of my appearance; I didn t want to be looking in the mirror, or photographed, or find someone I had not seen for a while, because my Fat Face and swollen belly...
Next set to buy rival brand Fat Face in latest High Street buy
By Tom EspinerBusiness reporter
High Street giant Next is understood to be close to securing a deal to buy rival fashion chain Fat Face .
If The Purchase went ahead, it would mean Next - which has 500 High Street shops - owning Fat Face 's 200 stores.
The acquisition could be agreed This Week , which first reported The two were close to a deal.
It would mark The latest in a run of High Street buys for Next which has snapped up several chains including fashion chain Joules.
Last Year , Next bought furniture brand Made. com, and a minority stake in baby goods store chain JoJo Maman BéBé and more recently it increased its stake in fashion chain Reiss from 51% to 72%.
Next has been using The purchases to beef up its so-called " Total Platform" a suite of online services for Third Party brands.
This year it bought The floral fashion brand Cath Kidston - But not its stores.
Fat Face was taken over by a consortium of lenders in 2020 when shops were struggling during The Covid pandemic.
But in its latest annual results The retailer said sales were up 15% and profits had jumped.
Last Year it was reported that Fat Face had hired investment bank Rothschild to find a buyer for The Business .
Next , FatFace and Rothschild declined to comment on The Deal .
UK high streets have been Under Pressure as shoppers spend less in The cost-of-living crisis.
Inflation - The rate at which prices Rise - has started to ease after surging in 2022, But it remains high and retail sales are yet to Bounce Back .
Related TopicsSource of news: bbc.com
