Fat Face reports weak Christmas sales in the UK

During five weeks to January 5, 2019, Fat Face said that the company experienced a tough early Christmas trading with traffic in the market down during November. Black Friday appeared to be predominately an online event, however, momentum picked up in the final week before Christmas and continued through the Boxing Day sale. December sales were broadly flat year on year driven by shift to online sales in UK and international growth. UK store sales declined 6 percent, while ecommerce sales were up 16 percent. International sales increased 32 percent during the period under review.