French Connection trims losses but "cautious" about second half
18th Sep 2014 15:04
French Connection Group lost a tenth of its market value on Thursday after the fashion company's chairman and chief executive Stephen Marks said he was "cautious about the second half". Reveneus declined by 6.6% year-on-year to £84m in the six months to 31 July, which it blamed on planned closures o
Read moreG4S Chief Financial Officer shows support after poor full-year results
13th Mar 2014 16:00
Himanshu Raja, the Chief Financial Officer of troubled security giant G4S has given a show of support for the ailing company following news of its loss-making year, with the purchase of 50,000 shares. The deal was made Wednesday, when the group revealed it had swung to a statutory pre-tax loss of
Read moreFrench Connection trims losses as sales gain traction
12th Mar 2014 07:37
- Annual losses reduce - Margins improve, tight control of costs - Confident it has right strategy for further growth Clothing retailer French Connection said full-year operating losses reduced as trading picked up in the second-half of the year in the UK and Europe. The London-based firm said und
Read moreFrench Connection trading improves
21st Nov 2013 07:12
Fashion group French Connection said its UK and mainland European shops improved business in the late summer and autumn. French Connection's revenue in the retail operation increased 2.1% in the 16 weeks from August 1st to November 20th, despite lower discounting to clear surplus stock. "We're enc
Read moreSon of Air Partner founder sells shares and announces retirement
6th Nov 2013 15:13
Tony Mack, Non-Executive Director of Air Partner, a provider of aviation charter services, has reduced his stake by over a third and announced his plans to retire in June next year. He sold a total of 360,067 shares, reducing his stake to 700,000 shares, equal to 6.8% of the issued share capital.
Read moreMonday broker round-up UPDATE
30th Sep 2013 08:23
African Minerals: Canaccord Genuity raises target price from 330p to 370p and keeps a buy recommendation. Avon Rubber: WH Ireland ups target price from 530p to 590p keeping a buy recommendation. WH Ireland takes target price from 530p to 590p and reiterates a buy recommendation. Barratt Developmen
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreFrench Connection trims losses in the first half
16th Sep 2013 07:46
Clothing retailer French Connection said it reduced half-year losses as it continues to push ahead with its turnaround, adding that there has been an encouraging reaction to its Winter collection. The London-based firm reported a reduced loss before tax of £6.1m for the six month period ended July
Read moreFrench Connection UK, Europe trading broadly flat
15th May 2013 07:54
Clothing retailer French Connection said trading at its UK/Europe retail business was broadly flat on a like-for-like (LFL) basis in the last 15 weeks of trading. The London based firm saw a strong performance in the early weeks of the year which softened through March but has improved again recent
Read moreFrench Connection makes a loss after difficult year
13th Mar 2013 07:24
Clothing retailer French Connection revealed an underlying loss for the year and revenue fell, in line with expectations, as the group battles against difficult and competitive markets. The group reported an underlying loss before tax of £7.2m for the year ended January 31st 2013 compared to a prof
Read moreThursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreFrench Connection sales soften
16th Jan 2013 07:46
Trendy clothing retailer French Connection warned that, following a good start to the Autumn/Winter season, sales at its UK/Europe retail business softened in the run up to Christmas. As a result, UK/Europe retail like-for-like sales in the 24 weeks to January 12th 2013 declined 2.9%. Around 1.9%
Read moreFrench Connection revenue flat
21st Nov 2012 08:31
Clothing retailer French Connection said like-for-like revenue in the third quarter was flat compared to the same time a year earlier following the steep decline in the first half of the year. The group said trading at its UK/Europe retail business improved during the period, although the market re
Read moreLondon close: M&A rumour mill cranks up
19th Sep 2012 16:53
After trading in positive territory for most of the day Footsie dipped into the red after US markets opened lower, but bounced back into the black in the final 90 minutes of trading. The day started well with the Japanese central bank unexpectedly opting to beef up its quantitative easing programme
Read moreLondon midday: Gains ebb, financials weaken
19th Sep 2012 11:50
After getting off to a flying start after the Japanese central bank unexpectedly opted to beef up its quantitative easing programme London's leading shares ended the morning little changed. The Bank of Japan (BoJ) took markets by surprise with the announcement that it will increase the size of its
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