×
67 354
Fashion Jobs
MACY'S
Manager, Merchandise Execution
Permanent · New York
MACY'S
Asset Protection Officer, Goodyear - Full Time (2840)
Permanent · Goodyear
MACY'S
Asset Protection Detective, Cross County - Full Time
Permanent · Yonkers
MACY'S
Asset Protection Detective, Bay Fair - Part Time
Permanent · San Leandro
MACY'S
Asset Protection Detective, Queens Center - Part Time
Permanent · New York
MACY'S
Manager, Operations
Permanent · Miami
MACY'S
Asset Protection Detective, Thousand Oaks - Part Time
Permanent · Thousand Oaks
MACY'S
Manager, Operations Sun-Wed 6:30pm-5:00am
Permanent · Portland
MACY'S
Asset Protection Detective, Rosedale Center - Full Time
Permanent · Roseville
TJ MAXX
Overnight D/C Loss Prevention Specialist
Permanent · Pittston
ROSS STORES
Store Protection Specialist
Permanent · Novato
ROSS STORES
Store Protection Specialist
Permanent · Dallas
TAPESTRY
Area Manager
Permanent · Boston
SALLY BEAUTY CORPORATE
Outside Sales Representative - Cosmoprof
Permanent · Ottawa
ASCENA
Part Time Manager Ann Taylor Factory Birch Run, mi
Permanent · Birch Run
ASCENA
District Manager - Ann Taylor, il/mi
Permanent · Lockport
ASCENA
District Manager, Ann Taylor Loft Factory Outlet - Georgia
Permanent · Peachtree City
NORDSTROM
Program Manager 2 - Price Strategy
Permanent · Seattle
NORDSTROM
General Manager- Cafe Nordstrom- Downtown Portland
Permanent · Portland
NORDSTROM
Area Manager - Training - Portland, or
Permanent · Portland
NORDSTROM
Operations Manager Outbound – Sat-Mon 6pm-6am Shift – Elizabethtown, PA
Permanent · Elizabethtown
NORDSTROM
Business Intelligence Analyst Lead
Permanent · Seattle
Published
Jan 10, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

FatFace powers ahead in UK, sees major US growth potential

Published
Jan 10, 2022

FatFace saw its sales exceeding pre-pandemic levels in the festive season as the five weeks to January 3 resulted in sales 3% higher than the equivalent period two years ago.


FatFace


And given that lockdowns and other restrictions were in force a year ago, sales rose as much as 22% year-on-year.

Its most popular product categories included knitwear and nightwear during the festive season and "in a highly promotional market, FatFace maintained a full-price proposition throughout the peak trading period”. 

It also said a “strong focus on supply chain management and customer services helped mitigate the wider challenges impacting the sector”.

The company was boosted by online sales with a rise of as much as 62% on a two-year comparison, which was ahead of expectations. Digital sales were up 21% on the year, driven by average order value up 14%.

And the business digital mix was 47%, up from 28% two years ago.

Meanwhile, international sales rose 24% (or 48% on a two-year comparison) driven its by focus on customer acquisition in the US market and strong own-channel e-commerce growth.

A number of companies are seeing huge double-digit (and sometimes triple-digit) rises online compared to 2019 as the events of the past two years have seen them investing in ramping up their e-commerce ops to meet the demands of the ‘new normal’ in retail.

But the company continues to build on its physical stores business too and has 180 stores. CEO Will Crumbie talked up the productivity of the store estate. And he added that the US business has continued to grow strongly “and gives us a great platform for future growth". 

The firm also said that sales in the six months to November 27 increased 4% to £125 million compared to 2019 and rose 58% on the year. Some 38% of sales were online against 25% two years ago. 

It added that its international business was up 92% year-on-year in the six-month period (or 33% on two years ago). International is now 7% of the total business, helped by US e-commerce that was up 143% on the year and 118% on two years, despite the challenges with supply chain delays and the pandemic. 

Profitability on an EBITDA basis has also “returned to pre-pandemic levels, with a positive net cash position”.

The company has expanded its offer and its reach in the last year and has begun selling on the Marks & Spencer website while launching its first babywear collection to grow its overall kidswear offer.

Copyright © 2022 FashionNetwork.com All rights reserved.