French Connection profits halved

Fashion group French Connection has reported profits halved in the year to
January 31.

The company behind the controversial FCUK brand made £15.7m down from £33.7m
in the previous year. It has faced criticism its clothes are overpriced and
untrendy. Chairman and leading shareholder Stephen Marks blamed a weak summer
range for the problems, the Financial Times reports.

French Connection hit the headlines recently with a television advertising
campaign featuring a lesbian kiss, and women fighting.

The company’s share price fell nearly 3p to 250p yesterday on news of the
profit fall.

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