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Last year, Next bought fashion retailer Joules, furniture brand Made.com, and a minority stake in baby goods retailer JoJo Maman BeBe. Next said on Friday it will pay FatFace's current owners, a consortium of financial institutions including Alcentra and Lloyds Banking Group, a combination of cash and new Next shares.
FTSE 100 down 22 points at 7,622 BAT falls as US FDA halts sales of some vapes St James's Place tumbles, reviewing fees 3:54pm: Next confirms FatFace deal A...
Next has agreed a deal to buy high-street rival Fat Face for £115.2 million.It will buy the retailer, which has more than 200 stores, from a consortium of lenders who took control of the business three years ago.It is the latest in flurry of acquisi...
By Anthony O. Goriainoff Next said it has agreed to buy family-focused retailer FatFace for a total equity value of 115.2 million pounds ($140.2 million)...
Next will buy over 200 UK FatFace stores for £115.2million. It is just the latest store to be snapped up by the retailer post-pandemic.