FatFace, the clothing retailer, has cut nearly 300 jobs but returned to profitability in its first full year under the ownership of FTSE 100 heavyweight Next.

The company was acquired by the Leicester-based group for £115.2m in October 2023, a move that initially led to a reported pre-tax loss of £3.2m for the 35 weeks ending 27 January 2024, as reported by City AM .

This figure has since been revised to a pre-tax loss of £5.3m.

Exceptional costs of £7.9m during this period, largely due to the acquisition by Next and subsequent integration into its systems, impacted FatFace's bottom line.

However, recent filings with Companies House reveal that the brand bounced back, posting a pre-tax profit of £3.8m for the 12 months to 25 January 2025.

Revenue also saw an uptick, rising from

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