(Adds analyst comment, details, updates share movement) By Aastha Agnihotri April 14 (Reuters) - British fashion retailer French
Connection Group Plc reported an 11 percent rise in
like-for-like retail sales as its new product range was well
received in the UK and Europe, sending its
April 14 (Reuters) - British fashion retailer French
Connection Group Plc reported an 11 percent rise in
like-for-like retail sales as its new product range was well
received in UK and Europe, sending its shares to their highest
since August 2011. The company, best know for its FCUK brand o
LONDON (Alliance News) - French Connection Group PLC Monday said that retail sales in the UK and Europe were up 11% on a like-for-like basis during the 11 weeks to April 12, boosted by an improved product range which continues to gain traction. French Connection shares were up 13.4% Monday
Himanshu Raja, the Chief Financial Officer of troubled security giant G4S has given a show of support for the ailing company following news of its loss-making year, with the purchase of 50,000 shares.
The deal was made Wednesday, when the group revealed it had swung to a statutory pre-tax loss of
LONDON (Alliance News) - French Connection Group PLC Thursday said Finance Director Adam Castleton bought 42,000 shares at a price of 59 pence per share. Following this transaction, Castleton now holds 75,000 shares, representing 0.08% of the Company's issued ordinary share capital. S
(Corrects headline and first paragraph to say revenue fell due
to closure of non-performing stores, not due to a fall in
demand. Also corrects attribution in paragraphs 5,9 and 20 to
COO Neil Williams from CEO Stephen Marks) * Group revenue down 4 pct to 189.4 mln stg * Retail revenue
LONDON (Alliance News) - Fashion clothing retailer French Connection Group PLC Wednesday said it narrowed its financial losses in the financial year just ended, by reducing its store portfolio and reducing operating expenses, as it attempts to restore the business back to profitability. The
LONDON (Alliance News) - Share are lower at the open Wednesday, following Asian and US markets.
Just after the open, insurer Prudential declared a 15% dividend increase for 2013. CEO Tidjane Thiam promised "more of the same, just better". It also announced an expand
- Annual losses reduce
- Margins improve, tight control of costs
- Confident it has right strategy for further growth
Clothing retailer French Connection said full-year operating losses reduced as trading picked up in the second-half of the year in the UK and Europe.
The London-based firm said und
March 12 (Reuters) - British fashion retailer French
Connection Group Plc reported a smaller underlying
pretax loss, helped by lower expenses and strong trading in the
second half in its largest markets - UK and Europe - helped
improve margins. The company, best know for its FCUK brand of c