FatFace falls to £3.2m loss following Next takeover

FatFace has fallen to a pre-tax loss of £3.2m in the 35 weeks ended 27 January 2024, down from a profit of £19.5m the prior year, after exceptional costs rose over the period.It comes as the group faced exceptional costs of £7.9m related to integrations following its takeover by Next, which acquired a 97% stake in FatFace in October 2023 for £115.2m. FatFace shortened its latest reporting period to 35 weeks in its latest results to align with Next.