28th Jun 2019 11:44
(Alliance News) - French Connection Group PLC on Friday said it has extended its strategic review and formal sale process until its interim results in September.
The clothing retailer announced in October 2018 that it was reviewing options, including offers for the company, and entered preliminary sale discussions.
"Discussions have progressed since then and are ongoing with a number of interested parties. As a result, the board has extended the period for completing the strategic review and formal sale process until the time of the interim results, which are expected to be published on or about 17 September 2019," said French Connection.
Shares in French Connection were up 0.5% at 38.60 pence on Friday morning in London.
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