French Connection teams up with Thrift+ for takeback service
French Connection has teamed up with second-hand clothing platform Thrift+ to offer its customers a takeback service. Customers can now add a Thrift+ bag to their basket while shopping online and use it to return any of their unwanted clothes. Shoppers will receive the bag when their online purchase arrives, which they can then fill up with...
Apr. 30, 2021
French Connection revenue plummets, but remains upbeat on recovery
French Connection has reported a steep drop in revenue for the full-year due to store closures, but remained upbeat on its recovery with strong sales reported in the UK and US since stores reopened. For the year ended January 31 2021, group revenue fell 40.4 percent to 71.5 million pounds, compared to 119.9 million pounds a year earlier....
Apr. 28, 2021
French Connection launches formal sales process as suitors back out
French Connection has launched a formal sales process after two investment firms pulled out of takeover talks. Last month, the British fashion retailer said it had received two separate approaches: one from Spotlight Brands in conjunction with Gordon Brothers International, and another from Go Global Retail in conjunction with HMJ International....
Mar. 3, 2021
French Connection US business secures 6.5 million dollars in funding
French Connection has announced that its New York-based US business has secured 6.5 million dollars of additional funding through the Main Street Lending Programme. The loan is for a period of five years with repayments starting from the end of the third year. The company said its US business, being predominantly wholesale, requires a “...
Dec. 11, 2020
French Connection H1 sales plunge, loss widens
For the six months, French Connection Group Plc reported revenue of 23.9 million pounds, 53.1 percent or 53.2 percent at constant currency lower than the previous period. In a preliminary results statement, the company said, retail revenue declined by 57.6 percent or 57.6 percent at constant currency to 10.1 million pounds with both UK/Europe...
Oct. 13, 2020
French Connection secures 15 million pounds in funding
French Connection has secured 15 million pounds in funding from Hilco Capital to help mitigate the impact of Covid-19. The company has put in place the working capital facility for the next two years, which it expects will be enough to cover its cash requirements. The retailer has been unable to receive any of the government backed financing...
Jul. 24, 2020
French Connection seeks funding as cash resources dwindle
French Connection has announced in a trading update that it is seeking funding as it recovers from the impact of Covid-19 and prepares to reopen stores. The British fashion retailer said that it has been in talks with various potential funding partners in light of its current cash position and the continued expected weak trading environment. “...
May 19, 2020
French Connection swings to loss, revenues fall 11.4 percent
French Connection Group plc announced that though the first half of the financial year saw an improvement in underlying profitability, the second half of the year proved to be particularly challenging. The company said in a statement, underlying result for the full year to January 2020 was a loss of 2.9 million pounds (3.7 million dollars)...
Mar. 10, 2020
Video: French Connection AW18 Campaign
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
Video: The Making of Bridal
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
French Connection's annual loss narrows, revenue up 0.5 percent
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
French Connection reduce pérdidas y se muestra positivo
El minorista británico está empezando a ver la luz al final del túnel: durante la primera mitad del año, la pérdida operacional de French Connection fue de 5.7 millones de libras, por debajo de los 7.9 millones de libras del período anterior. Por otro lado, los ingresos en su división de venta al por mayor crecieron un 7,2 por ciento - 2,6 por...
Sep. 21, 2017