All French Connection articles
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News
Exclusive: French Connection partners with Hirestreet to launch rental service
French Connection has launched an on-demand rental service on its own site, powered by Hirestreet’s sister platform Zoa.
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News
French Connection takeover approved by shareholders
French Connection shareholders have backed a £29m takeover deal to save the struggling fashion brand.
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News
French Connection losses narrow following £29m takeover
French Connection has narrowed its half-year losses after slashing its overheads and ramping up sales in its wholesale division.
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Prospect Analysis
French Connection (Financials)
French Connection generated revenues of £69.8m in the eight months to end-June 2022, following acquisition by MIP Holdings in November 2021. Retail sales came in at £20.3m, with the wholesale channel contributing £49.5m. While the group moved back into the black on an underlying basis, it remained substantially loss-making in statutory terms, posting a pre-tax loss of £5.7m.
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Prospect Analysis
French Connection (SWOT)
French Connection has an extensive presence around the globe, although this is increasingly down to its wholesale and licensing businesses.
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Prospect Analysis
French Connection (Strategy)
French Connection had been undergoing what has to be one of the longest-running restructuring programmes in UK retailing, but the sale of the business to MIP consortium was eventually agreed towards the end of 2021.
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Prospect Analysis
French Connection (People)
French Connection is headed up by Apinder Singh Ghura as chair from the end of 2021. Ghura - previously the company’s second largest shareholder - headed up the takeover of the group by the MIP consortium in a £29m deal which has taken ownership back into private hands.
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Prospect Analysis
Ecommerce at French Connection
French Connection launched an on-demand rental service via its own website, powered by Hirestreet’s sister platform Zoa in May of 2022.
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Prospect Analysis
Customer and marketing at French Connection
French Connection says its main goal is “to create distinctiveness in a crowded marketplace through focus on design”. It claims that “a passionate focus on fashion” underpins the business.
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Prospect Analysis
Stores at French Connection
French Connection accounts for its UK and mainland European stores within a single UK/Europe division. A rationalisation programme has been in place across the division for the past decade as the group has been trying to streamline the previously large UK store base in particular in order to restore profitability.
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Prospect Analysis
Technology strategy at French Connection
French Connection had been planning significant change in its technology to get its systems and infrastructure into a suitable state for a multichannel and digitally driven world ahead of its acquisition by MIP. The aim has been to improve customer experience and to build on its multichannel proposition.
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Prospect Analysis
French Connection (Overview)
The French Connection group designs its own range of high-fashion clothing and operates retail stores and concessions in the UK and Europe. It wholesales to retailers in over 50 countries around the globe and has licensed partners operating 160 or so stores across Asia, Australia and the Middle East.
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Prospect Analysis
Supply chain at French Connection
French Connection has a 150,000 sq ft distribution centre near Thurrock in Essex.
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Prospect Analysis
French Connection (Outlook)
It now falls to MIP to take the business forward and revive the ailing brand. This can be done outside of the glare of the market and shareholders, however, now that it is under private ownership.
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News
French Connection board mulls sale after approaches
The board of struggling fashion brand French Connection are considering the sale of the retailer after receiving approaches from two companies.
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News
French Connection faces toughest ever trading as losses spiral
French Connection has reported a nosedive in sales and widening losses in what boss Stephen Marks says is ‘the most difficult trading period that the group has ever faced’.
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News
French Connection turns to Hilco to boost liquidity
Fashion group French Connection has secured funding from investment and turnaround specialist Hilco, which will help it through the disruption caused by the coronavirus pandemic.
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News
Coronavirus: French Connection seeks urgent funding in battle for survival
French Connection is in urgent talks with potential funding partners as it battles to stay afloat amid the coronavirus crisis.
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News
French Connection swings to loss as UK woes continue
French Connection has swung to a loss after a worse-than-expected year and says the chances of trading improving in the UK in the foreseeable future are unlikely.
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News
French Connection fails to find buyer as sale taken off the table
French Connection has revealed it is no longer looking for a buyer, following a strategic review.