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'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

French Connection like-for-like sales drop 6.1%

Young fashion giant French Connection saw a 6.1% drop in its UK and European like-for-like retail sales in the 15 weeks to November 13, as womenswear struggled.

French Connection - which comprises a high street chain and wholesale business of the same name, as well as womenswear chain Toast - said retail sales had been slightly lower than expected but had been offset by further growth in wholesale revenue.

Wholesale revenue in the UK and Europe was up 13% compared to the same period last year and the business said wholesale forward orders for its spring 11 ranges were “well ahead of last year” which would help increase revenue towards the end of the financial year.

It cited menswear, ecommerce and contemporary womenswear retailer Toast as strong performers for the period, but said that its overall womenswear business was “softer” than last year.

Like-for-like sales in North America fell 4%.

French Connection said negotiations for the closure of certain US stores had been completed or were well advanced and due to be completed by January 31 2011.

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.