French Connection faces 'long road to recovery'

Fashion retailer French Connection Group Plc reported a loss for the first half of the fiscal year as demand in its core British market remained weak. French Connection The British retailer, whose eponymous high street clothing chain accounts for over 90 percent of its sales, said it completed a review of its retail business and have implemented several initiatives, including disposal of loss-making stores. These initiatives will take up to two years before they fully benefit French

Read more ...