UK-based fashion retailer French Connection Group has extended until September the period for a possible sale of the company as talks continue with a number of interested parties.
In a statement today (28 June), the group said its board has extended the period until the time of its interim results, which are expected to be published on or about 17 September.
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It added discussions with several other interested parties have progressed since preliminary talks in October.
In March, the group reported it had achieved its goal of returned to underlying profitability with underlying operating profit for the year ended 31 January reaching GBP0.1m (US$130,824), compared to a loss of GBP2.1m the year before.
