French Connection’s full year pre-tax profit is expected to soar as a result of a strong performance in wholesale, licensing and a good control of overheads.
The fashion chain expects pre-tax profits for the year ending January 31 to be at least £6.8m, up from £1m in the last financial year.
French Connection said UK retail was in-line with its last update, where it reported like-for-like sales were down 6.1% across UK and Europe from August 1 to November 13.
The retailer will announce its full year results on March 16.
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