Retail news
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French Connection warns on profits
- Posted:
- 17 May 2012 10:21
French Connection has warned that it is unlikely to meet profit expectations for the full year, after group revenue dropped 9.5% in the first three months of the financial year.The company added that although demand for its new ranges it was not expecting any respite from the challenging conditions responsible ...read more
French Connection looks to summer after frosty winter trading
- Posted:
- 14 March 2012 10:10
French Connection's UK stores slumped to an £8.2 million loss today after winter bit the fashion chain hard.Founder and chief executive Stephen Marks described trading conditions as "the most difficult Winter season I have seen in all the years I have been in business", adding that he would take action ...read more
Second profit warning for French Connection
- Posted:
- 06 February 2012 10:01
French Connection has said that a disappointing Christmas would impact on its annual results as the fashion chain issued its second profits warning in three months. In a statement, the company commented: "As previously announced, trading in our retail stores in UK/Europe was disappointing in the early part of the ...read more
Shopper numbers drop
- Posted:
- 21 November 2011 09:46
The UK's beleaguered high street last month suffered the biggest fall in shopper numbers since last December's Arctic blizzards, a survey revealed today.Footfall dropped 4.7% in October as a "toxic mix" of soaring fuel bills squeezed consumers' income levels and the eurozone debt crisis sapped confidence, according to the British ...read more
French Connection sales hit by cautious customers
- Posted:
- 17 November 2011 10:20
Fashion chain French Connection has reported a difficult third quarter's trading, with like-for-like retail revenue in its UK/Europe business down 9.5% year-on-year. The retailer attributed this drop to unseasonably warm weather impacting on sales of winter ranges and the continuing cautiousness of the UK fashion shopper. Group pre-tax profits came ...read more
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