French Connection Group PLC narrows losses in last results for founder Stephen Marks
Weak store performance was partly offset by strong trading in the wholesale and e-commerce arms
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Weak store performance was partly offset by strong trading in the wholesale and e-commerce arms
The Financial Reporting Council said it was looking at the fashion chain's accounts for the year ending Jan 31, 2020. Mazars took over auditing for the firm that year after replacing KPMG.
The Financial Reporting Council is looking at the fashion chain’s accounts for the year to 31 January 2020, which were audited by accountancy firm Mazars.
Shares in the fashion company, known for its FCUK label, rose 20.8 per cent, or 5p, to 29p after the deal was announced. Marks (pictured) founded French Connection in 1972.
Yesterday (4 October), French Connection was acquired by a consortium called MIP, comprising UK-based entrepreneurs Apinder Singh Ghura – French