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Lifestyle retailer Fat Face is thought to be gearing up for a sale. The 120-store business, owned by Advent International, is preparing to court a range of private equity companies with a sale prospectus. Advent International bought Fat Face for £100 million in 2005, and the company is now valued at about £300m. In the six months to November 25 2006, the retailer's sales rose 38% to £51.7m.