French Connection warns of £7m hit

Updated
FCUK
FCUK

Fashion retailer French Connection has revealed it is facing a big half-year loss after seeing revenues decline by 7% on a year earlier.

The group, which has been taking steps to revitalise its UK stores business, said the result for the six months to July 31 will be £7 million below last year, when it recorded an operating profit of £300,000.

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