French Connection profits in line with forecasts
French Connection has reported positive first half trading saying that profits will be in line with expectations.
The retailer said it saw growth in like-for-like sales at its UK stores for the six months to 31 July despite the difficult market conditions.
Net cash at the end of the period was around £30.5 million, ahead of company forecasts.
The company said in a statement released today: "Our winter 2011 wholesale orders are ahead of last year, so we approach the important winter season with confidence."
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