By  on September 17, 2009

LONDON — Losses in the first half at French Connection Group plc increased to 11 million pounds, or $16.8 million, from 3 million pounds, or $4.6 million, as the high-street retailer and wholesaler continues to trim overhead and jettison loss-making businesses.

The company said Thursday revenue in the six months to July 31 grew 4 percent to 116.9 million pounds, or $178.3 million, from 112.4 million pounds, or $171.5 million, thanks to the consolidation of the Japanese business and store openings in the U.K. and Europe. Dollar figures have been calculated at average exchange rates.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus