Fashion retailer French Connection has signed an agreement with the US subsidiary of Li & Fung to sell a range of young fashion items in Sears stores.
Li & Fung USA, the American branch of the consumer goods supply giant, will be licensed to supply items for use under the UK Style by French Connection brand name.
French Connection said the new agreement would deliver additional licence income of at least GBP1.5m (US$2.3m) in the year ending 31 January 2012, with the potential for “significant growth” after that.
“This development underscores the strength of the French Connection brand and the opportunities that exist for us in global markets,” said company chairman Stephen Marks.
