Financial Times FT.com

Losses drive more cuts at French Connection

By Kiran Stacey

Published: September 17 2009 19:41 | Last updated: September 17 2009 19:41

French Connection saw losses widen in the past six months compared with last year after suffering the effects of discounting, a fall in sterling and failures at retailers that stocked its clothing.

The company lost £12.8m ($21.1m) before tax in the six months to August, compared with a loss of £5.4m last year – a figure that excluded a £1.9m gain on the disposal of leased property.

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