French Connection losses narrow following £29m takeover
French Connection has narrowed its half-year losses after slashing its overheads and ramping up sales in its wholesale division.
The fashion retailer reported an underlying loss of £900,000 in the six months ending July 31, reducing the £12.2m loss it booked during the same period in 2020. It also marked an improvement in its pre-pandemic performance – it suffered a loss of £3.6m during the same period in 2019.
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