French Connection in UK no longer for sale

0
The flagship store in London Credit: Andrew Meredith CC

FOLLOWING ongoing losses, UK clothing store French Connection put itself up for sale over a year ago but had no buyers lined up.

Having reviewed strategy which will see cost cutting, disposal of some stores and an increase in investment on its online business, it has now announced that it is no longer for sale.

-- Advertisement --

It believes that losses to the end of 2019 will be between £1 (€1.15) million and £2 (€2.3) million which compares favourably against 2018 losses of £9.3 (€10.7) million.




LEAVE A COMMENT

Please enter your comment!
Please enter your name here