French Connection returned to a modest annual profit in 2018, but sales continued to fall due to “difficult” trading conditions. French Connection returned to a modest annual profit in 2018, but sales continued to fall due to “difficult” trading conditions. But like-for-like sales fell 6.8% with weaker sales both on online and in store, while group revenue rose 0.2% to £135.3 million. As the retailer battles higher rent costs and changing shopping habits, French Connection has closed a number of stores and is looking to close further loss-making outlets this year. Mr Marks founded French Connection in 1972 and it later gained notoriety for its “Fcuk” branding.

Source: Irish Independent March 12, 2019 08:48 UTC