Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Fat Face dives into American market

James Thompson

Tuesday 23 July 2013 03:53 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The us has proved a graveyard for many of Britain’s retailers but the casual clothing chain Fat Face said yesterday it was “confident” about launching there.

Fat Face plans to open two to three stores on America’s East Coast in the next two years, as it posted a sharp jump in annual profits after selling more products at full price.

Tesco, Sainsbury’s and Marks & Spencer have abandoned the US in the past 12 years, but Fat Face said it would open stores “cautiously” as well as introduce a US website.

Anthony Thompson, chief executive, said: “It was a considered decision based on an awful lot of research, which gives us the confidence to go in there.”

Fat Face’s underlying profit grew by 35 per cent to £31.2m over the year to 1 June, on increased turnover of £179m.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in