The retailer made an underlying operating profit of just £100,000 (€116,139) in 2018 compared with a £2.1m (€2.4m) loss the year earlier. Pre-tax losses widened to £9.3m (€11m) from £3.8m (€4.4m). Revenue was relatively flat at £135.3m (€157m), while like for like sales fell 6.8pc due to tough market conditions for retailers in the UK. French Connection's chairman and chief executive Stephen Marks said: "I am pleased to report that we have achieved our target of returning the group to underlying profitability this financial year. "This is only part of our overall journey, however it represents a significant achievement given the results over recent years.

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