Failing Connection High Street Icon Urges Caution

Summary


The group said a strong performance from its UK retail arm around August had given way to "weaker and considerably more volatile" sales in recent weeks.

Sales for the 16 weeks since 1 August across the UK and Europe, which accounts for nearly half of group turnover, rose 1 per cent on a like-for-like basis. However, this was offset by weaker sales in its US business and wholesale operations, with overall group turnover slightly below a year ago for the three months to 30 October.

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Failing Connection High Street Icon Urges Caution

French Connection said: "As wi...

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