HomeNext to purchase rival Fat Face for £115m

Next to purchase rival Fat Face for £115m

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ext has agreed a deal to purchase high-street rival Fat Face for £115.2 million.

It will purchase the retailer, which has greater than 200 shops, from a consortium of lenders who took management of the enterprise three years in the past.

It is the newest in flurry of acquisitions by Next, which runs 460 of its personal outlets, after shopping for manufacturers together with Made.com, Joules and Cath Kidston.

Content Source: www.customary.co.uk

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