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Without securing an imminent financial lifeline, ailing UK-headquartered fashion chain French Connection is likely to collapse. The Retail Gazette reports the company has warned that if urgent funding is not secured its cash resources will be eroded within…
The latest French Connection sales figures will do little to inspire prospective bidders as the company searches for a white knight. Pippa Stephens, retail analyst at GlobalData, says that despite the French Connection sale process being extended by three…
UK fashion retailer French Connection has recorded another massive loss – which overshadowed a milestone improvement in underlying profit. For the full year to January 31, the company’s operating loss almost tripled, from £3.8 million (US$4.97 million) the…
French Connection founder and CEO Stephen Marks plans to sell his remaining cornerstone stake in the fashion label. Sky News UK has reported Marks has engaged Numis Securities to approach prospective buyers for the 42 per cent stake in French Connection which…
Vingroup has opened its 55th shopping centre, The Vincom Center Landmark 81 mall, in Ho Chi Minh City’s Binh Thanh district. The 50,000sqm shopping centre occupies six of the skyscraper’s 81 storeys, housing 100 domestic and international brands in cosmetics,…
Shares in UK-based fashion retailer French Connection Group Plc rose more than 20 percent on Monday after a media report said overseas investors were looking to buy the lossmaking firm. The Telegraph newspaper had said on Saturday that interested buyers were…
The parent of the Pizza Hut business in the UK appears to be an unlikely bidder in the French Connection sale. Private equity company Rutland Partners is reported by the Sunday Times to have been in talks to buy the troubled UK fashion brand since early this…
UK fashion chain French Connection has reduced its full year loss as sales recover. FCUK has reported an £800,000 underlying operating loss for the year to January 31 – vastly better than the £4.4 million loss in the year to January 31, 2014. The retailer,…
