THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
French Connection extends deadline for strategic review and sale process

French Connection has said it will be extending the period for the strategic review and “formal sale process” it announced in October. At the time, the… View Article

GENERAL MERCHANDISE

French Connection extends deadline for strategic review and sale process

French Connection has said it will be extending the period for the strategic review and “formal sale process” it announced in October.

At the time, the fashion and homewares retailer revealed that it had commenced discussions with several interested parties. The review was expected to conclude during the first half of 2019.

In a statement today, French Connection said the discussions have moved forward and are still ongoing. As a result, it has decided to extend the completion date until  its interim results. These are expected to be published on or around 17 September.

It added: “Notwithstanding the extension of the strategic review and formal sale process, the board continues to believe that French Connection can deliver long-term growth and remains focused on building on the momentum achieved last year and driving the business forward.”

The company also said there could be no certainty that an offer will be made for the business.

French Connection was established by Stephen Marks in 1972. The company previously owned the Toast fashion and homewares brand but this was sold last year to Bestseller

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >