Sale plan boosts UK retailer French Connection

Shares in UK clothing retailer French Connection have surged over 20% after it said the company could be sold as it reviews its options.

Sale plan boosts UK retailer French Connection
Tue, 09 Oct, 2018 - 08:10

Shares in UK clothing retailer French Connection have surged over 20% after it said the company could be sold as it reviews its options.

The statement follows a report that chief executive and chairman Stephen Marks, who founded the company in 1969 and remains the largest shareholder, had approached bidders to offload his stake.

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