French Connection receives two separate takeover approaches
Fashion retailer French Connection has announced that it has received two separate approaches regarding a potential takeover of the business.
In a statement, the company said the approaches have come from Spotlight Brands in conjunction with Gordon Brothers International and Go Global Retail in conjunction with HMJ International Services.
French Connection said discussions with both parties are at a very early stage and “may or may not result in an offer for the company”.
The company announced in 2018 that it was looking at a possible sale as part of a review of strategic options, but in January 2020 said it would be focusing on completing its turnaround instead.
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