French Connection founder in share sale

French Connection founder and chairman Stephen Marks today looked set to raise around £40m (€60m) from the sale of shares in the high street retailer.

French Connection founder in share sale

French Connection founder and chairman Stephen Marks today looked set to raise around £40m (€60m) from the sale of shares in the high street retailer.

The move by the 57-year-old, who is using the proceeds to meet personal requirements, will reduce his stake from 52% to around 42%.

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