French Connection has become the latest retailer to join the blossoming rental service sector, but with a difference. It will become first major UK brand to operate its own dedicated standalone rental operation.
Seraphine has found a big-hitter to take up its chief financial officer post with the company on Wednesday announcing that Lee Williams, formerly of now-privatised French Connection and of ASOS has taken the role.
French Connection is heading back into private ownership. Shareholders in the struggling UK fashion brand have voted to back the £29 million takeover by Newcastle-based businessman Apinder Singh Ghura.
Go Global Retail LLC said on Monday it does not plan to make an offer for the fashion brand French Connection Group after the UK takeover panel asked the company earlier this month to make a firm offer or walk away.
French Connection on Tuesday released what we assume will be its last set of results before it’s sold, and they showed the start of a recovery. But its performance is still far from its glory days earlier this century.
A week after French Connection accepted a takeover offer, the fashion retailer has published the Court-sanctioned scheme of arrangement whereby the business will change hands, with MIP Holdings to become the new owner.
French Connection, the provocative UK fashion brand known for its "FCUK" branding, said on Monday it has agreed to sell itself for 29 million pounds, after years of losses only made worse during the coronavirus pandemic.
Menswear retailer Moss Bros has begun its new monthly subscription-based clothing rental service and hopes the ‘Moss Box’ venture, the first such menswear scheme in the UK, can become the 'new Netflix' of clothing.