New York - French Connection might be the next fashion retailer changing hands in the UK. The fashion retailer’s board has found itself forced to address the market rumours regarding a potential sale of the company, confirming it is currently reviewing all its “strategic options”. The board of directors at French Connection confirmed over the...
Oct 15, 2018
French Connection founder Stephen Marks is said to be exploring sale option for his controlling 42 percent stake in the company, reports Sky News. After running the label for 49 years, Marks is looking for buyers with investment bank Numis Securities reportedly advising him on the matter. Other than Marks, other two investors in the label...
Oct 8, 2018
In its results statement for the six months to July 31, 2018, French Connection Group PLC said that total H1 2018 revenue of 58.1 million pounds (76.5 million dollars) was 2.4 percent lower than the previous year, on a reduced store portfolio. The company's pre-tax loss widened to 15.1 million pounds against losses of 5.9 million pounds a year...
Sep 20, 2018
Step inside the French Connection studio and discover a collection which is sewn with craftsmanship and styled with adoration. Source: French Connection, YouTube.
Aug 1, 2018
Here comes the modern bride. Introducing The Wedding Shop, where classic silhouettes are updated with contemporary details. French Connection's first bridal collection. Source: French Connection, YouTube.
May 23, 2018
London - French Connection Group PLC has sold its majority stake in fashion and homeware label Toast Limited, together with the stake held by the brand's founders, to Danish fashion group Bestseller United for 23.3 million pounds. The deal sees Jamies and Jessica Seaton, founders of womenswear and accessories retailer, sell their 25 percent...
Apr 9, 2018
For the year ended January 31, 2018, French Connection Group PLC posted 0.5 percent rise in revenues to 154 million pounds (213.9 million dollars). The company’s wholesale revenue increased 8.6 percent or 7.1 percent on constant currency from UK/Europe and North America. French Connection reported growth in LFL sales with UK/Europe up 0.8...
Mar 13, 2018
After holding an exclusive brand event in New York City, French Connection has officially unveiled their Spring 2018 collections. The fashion-forward line hosted an "At Home with French Connection" event that took place at Gary's Loft Penthouse recently. The event served as the label's step in to spring fashion with both men's and women's...
Nov 26, 2017
For the six month period to July 31, 2017, French Connection Group’s operating loss was 5.7 million pounds (7.7 million dollars) against loss of 7.9 million pounds (10.6 million dollars) reported in the first half of 2016, an improvement of 2.2 million pounds (2.9 million dollars). Total half-year revenue of 68.1million pounds (92.1 million...
Sep 19, 2017
After months of back-and-forth between French Connection’s founder and current CEO, Stephen Marks, and shareholders, one of the biggest minority owners in the retailer’s capital, has issued an ultimatum for Marks. Gatemore Capital, which owns around 8 percent of the company, has demanded French Connection’s chief executive, chairman and major...
Jun 2, 2017
French Connection’s overall results for the full year show an underlying group operating loss of 3.7 million pounds (4.4 million dollars) against 4.7 million pounds (5.7 million dollars) in 2016, a 21.3 percent improvement on the 52 Weeks to 31 January 2016. The company said, group revenue reduced by 6.7 percent or 10.1 percent at constant...
Mar 14, 2017
French Connection’s founder Stephen Marks is reportedly considering a sale. Marks may be open to selling the business following the advice from independent investment bank Moelis after receiving a number of approaches to buy the business. As reported by ‘The Sunday Times’, among those believed to be interested in acquiring the struggling British...
Oct 24, 2016
