The owner of Ben Sherman, US-based Neuberger Berman which bought Marquee Brands, is reported to be one of the interested parties circling struggling French Connection amid speculation its owner may consider a sale.
A group of European and US private equity firms are also said to be mulling approaches, while Rutland Partners – which sold turkey firm Bernard Matthews in a rescue deal last month – is thought to have previously looked at the business, The Sunday Telegraph reported.
It said the firm has been seeking advice from investment boutique Moelis.
However one source told the newspaper that there are no active discussions at the moment and said it was currently heavily undervalued. Another retail source said founder Stephen Marks, who owns a 41% stake, has lofty price ambitions.