{"id":160750,"date":"2019-01-09T14:59:59","date_gmt":"2019-01-09T14:59:59","guid":{"rendered":"https:\/\/www.theindustry.fashion\/fat-face-among-clutch-of-retailers-confirming-challenging-conditions\/"},"modified":"2021-08-12T13:54:38","modified_gmt":"2021-08-12T13:54:38","slug":"fat-face-among-clutch-of-retailers-confirming-challenging-conditions","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/fat-face-among-clutch-of-retailers-confirming-challenging-conditions\/","title":{"rendered":"Fat Face among clutch of retailers confirming \"challenging\" conditions"},"content":{"rendered":"
Clothing chain Fat Face joined a raft of retailers in revealing sales pressure after a tough Christmas on the high street. The group said sales tumbled 6% across its 217 UK stores in the five weeks to 5 January, although a better performance online and internationally saw overall sales remain broadly flat.<\/strong><\/p>\n It said early Christmas trading was \u201ctough\u201d after a difficult November, with customers leaving shopping later this year<\/strong>, echoing recent comments by retailers such as Morrisons, Next and Sainsbury\u2019s.<\/p>\n Fat Face was boosted by a 16% jump in online sales<\/strong>, with record visits and sales in Christmas week, while it cheered a 32% surge in overseas sales.<\/p>\n The group also posted half-year figures to 1 December, showing flat like-for-like full price sales and a 4% rise in underlying earnings to \u00a315.5m.<\/strong><\/p>\n Outgoing chief executive Anthony Thompson, who will be replaced by Liz Evans on 1 March, said: \u201cChristmas shopping patterns appear to be changing driven by Black Friday<\/strong> and growing consumer confidence in online delivery speed and availability.<\/p>\n \u201cThis resulted in an even later surge in December sales across our stores.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" […]<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10585,6,10494],"tags":[13536,13617,5737,13790],"acf":[],"yoast_head":"\n