Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

French Connection appoints financial adviser

French Connection has appointed wealth management and brokerage firm WH Ireland as its financial adviser and sole broker.

The appointment is with immediate effect.

It comes after the fashion retailer announced in January that it had not found a buyer, and was terminating its sale process to refocus on its turnaround to include the “right sizing” of its store portfolio. 

French Connection swung to an underlying loss of £2.9m for the year to 31 January compared to a profit of £0.8m in 2019, as a result of planned store closures and a “difficult retail trading environment”. 

Group revenue at the retailer fell by 11.4% to £119.9m for the year. 

The retailer closed 11 stores, three outlets and four concessions in the period. 

Drapers’ coronavirus update:

We’re working to keep delivering to your doorstep. If your magazine is delivered to your office and you’d like to change this, please email or call 01604 828705.

As a subscriber you can also read the digital editions of the magazine, which can be found under the “My Account” tab on the main navigation bar.

Finally, make sure you’ve signed up to our newsletters by visiting “My Account” and “Newsletters”.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.