We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Apr 14, 20244:32am

French Connection cancels its sale

The women’s UK-based fashion retailer fashion company abandons the idea of a sale and will focus on restructuring the online channel, and a new business strategy.

Jan 31, 2020 — 5:13pm

French Connection cancels its sale



French Connection is no longer on the market. The women’s fashion company has dropped plans to sell and will focus on investing in its online platform and growing its wholesale business in the United States. 


Last October, the company announced that it would review any strategic option for the future, including the sale of the company. French Connection has contracted Numis Securities as a financial advisor for the sale process. Despite having interested third parties, the negotiations never reached completion.


French Connection expects losses of between one and two million pounds for the end of the year, compared to the losses of 2.1 million pounds (2.6 million dollars) the previous year.


The British company has been recording losses for over five years now. Currently, its founder, Stephen Marks, owns 40% of the company’s shares. The company’s second reference shareholder is Mike Ashley, owner of Sports Direct and House of Fraser.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment