Fatface cautious despite sales rise

Fatface has celebrated a lift in sales and earnings despite warning that conditions on the UK high street are unlikely to improve in the near future.

Sales increased by 7.4 per cent to £238.4 million in the 52 weeks to 2 June, representing like-for-like growth of 4.9 per cent across the chain, results yesterday showed. Online sales, which make up close to a fifth of Fatface’s revenue, climbed 11.8 per cent year-on-year.