Inactive Instrument

FRENCH CONNECTION

Equities

FCCN

GB0033764746

French Connection : Battered retailer French Connection seeks offers as suitor backs out

March 02, 2021 at 07:50 am EST

March 2 (Reuters) - French Connection said on Tuesday it was seeking potential suitors as Spotlight Brands and Gordon Brothers backed out from making an offer to buy the struggling British fashion retailer after being approached by the investment firms last month.

The retailer, in two separate statements, said it was beginning a formal sale process and had been approached by three other parties for preliminary talks in addition to Go Global Retail's possible offer. (Reporting by Pushkala Aripaka and Indranil Sarkar in Bengaluru; Editing by Krishna Chandra Eluri)

Latest news about FRENCH CONNECTION

Seraphine Hires French Connection's CFO to Same Position	21-12-22	MT
MIP Completes French Connection Purchase	21-11-08	MT
A consortium of Apinder Singh Ghura, Amarjit Singh Grewal and KJR Brothers Limited completed the acquisition of an additional 74.6% stake in French Connection Group PLC from Stephen Marks, Nicole Farhi, Candice Marks and other shareholders.	21-11-07	CI
Global markets live: Michelin, Facebook, UBS, Tesla, Volvo...	21-10-26
French Connection : Go Global Decides Not to Bid for French Connection	21-10-25	MT
French Connection : Go Global Retail does not plan to make an offer for UK's French Connection Group	21-10-25	RE
French Connection : Urges Go Global To Confirm Or Abandon Acquisition	21-10-14	MT
FTSE 100 to Tumble After U.S., Asia Stocks Retreat	21-10-12	DJ
French Connection : Earnings Flash (FCCN.L) FRENCH CONNECTION GROUP Reports H1 Loss GBX-0.90	21-10-12	MT
French Connection : Earnings Flash (FCCN.L) FRENCH CONNECTION GROUP Posts H1 Revenue GBP40.2M	21-10-12	MT
French Connection Group plc Reports Earnings Results for the Half Year Ended July 31, 2021	21-10-12	CI
Strong UK Jobs Data Supports BOE's Worries Over Inflation	21-10-12	DJ
French Connection : UK Financial Conduct Watchdog Probes Audit Into French Connection Group	21-10-06	MT
UK watchdog investigating retailer French Connection's audit	21-10-06	RE
French Connection : agrees $40 million sale; chairman to retire	21-10-04	RE
French Connection : Receives $39 Million Takeover Bid from Shareholder Consortium	21-10-04	MT
French Connection : Stock Jumps 18% On Indicated Takeover Offer From Shareholder Consortium	21-09-23	MT
FTSE Gains, BOE Meeting Could Push Sterling in Either Direction	21-09-23	DJ
A consortium of Apinder Singh Ghura, Amarjit Singh Grewal and KJR Brothers Limited made an offer to acquire 74.6% stake in French Connection Group PLC for ?21.6 million.	21-09-22	CI
French Connection : Earnings Flash (FCCN.L) FRENCH CONNECTION GROUP Reports FY21 Revenue GBP71.5M	21-04-28	MT
French Connection : Earnings Flash (FCCN.L) FRENCH CONNECTION GROUP Reports FY21 Loss GBX-20.40	21-04-28	MT
French Connection Group plc Reports Earnings Results for the Full Year Ended January 31, 2021	21-04-28	CI
French Connection Group PLC Appoints Neil Page as an Independent Non-Executive Director of the Group, Chairman of the Audit Committee and Member of the Remuneration Committee	21-03-29	CI
FTSE : 100 ends higher ahead of budget announcement, midcaps shunned	21-03-02	RE
French Connection : window shopping for offers again as suitor backs out	21-03-02	RE

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Company Profile

French Connection Group PLC designs, produces and distributes branded fashion clothing and homeware men and women. The Company operates retail stores and concessions in the United Kingdom, Europe, the United States and Canada and also operates e-commerce businesses in each of those territories. Its principal brand is French Connection, which designs, produces and distributes branded fashion clothing, accessories, such as toiletries and fragrances, shoes, watches, jewelry, eyewear, furniture and homeware for men, women, and children through its distribution channels: retail stores, e-commerce, wholesale and licensing. Its other brands include, Great Plains and You Must Create (YMC). The Company operates in approximately 50 countries around the world. French Connection Limited, French Connection Ecommerce International Limited, French Connection UK Limited, French Connection (London) Limited, French Connection (Hong Kong) Limited and French Connection No 2 pour Hommes Sarl.

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