French connection beats the autumn blues
FRENCH Connection Group said its full-year results were likely to meet market expectations after a strong quarter for its wholesale business, giving it an edge over rival British fashion retailers in a tough market. Shares of the company, known for its FCUK brand, rose as much as 19.6 per cent on the London Stock Exchange yesterday. A number of big British clothing retailers, including Next and SuperGroup, have trimmed full-year profit forecast in recent weeks as warm autumn weather kept coats and scarves on the shelf.