UK: French Connection Pleased With Jump In Profits
Fashion retailer French Connection on Tuesday shrugged off tough trading conditions in the US and reported a 21 per cent climb in full-year profits to £23.2 million, compared to £19.1m in the year-ago period.
The company, famous in Britain for its controversial FCUK advertising campaign, said in a statement its turnover jumped 17 per cent to £225.7m and its operating profit before goodwill surged 30 per cent to £25m.