French Connection profits remain in fashion

Shoppers have helped UK high street fashion chain French Connection to deliver a 14% boost in sales in the last five weeks, the company said today.

Shoppers have helped UK high street fashion chain French Connection to deliver a 14% boost in sales in the last five weeks, the company said today.

The group was upbeat about its prospects for 2003 and said its own “robust” formula had helped it boost custom.

Like-for-like sales growth of 11% in its high street business in the year to January 31 provided French Connection with a 30% lift in pre-tax profits before one-off items at £30.2m (€44m).

Chairman Stephen Marks said sales in the second half of the last financial year had been particularly strong.

He added: “The business has developed a robust formula that has enabled us to perform extremely well.

“The reaction to the new season product, our strong retail performance and growth in forward order books gives us confidence that we will have another exciting year of significant growth.”

More in this section

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up