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Tuesday 17 March 2015 6:11 amFrench Connection narrows losses as the turnaround nears completionBy: Catherine NeilanShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleFr
owala ench Connection has narrowed its full-year losses once again ndash; but still failed to nudge into the black. The figuresGroup revenue fell 5.8 per cent to pound;178.5m for
brumate cup the year to January 31.However, French Connection shut nine underperforming non-contributing stores, brought more of its costs under control and made ldquo ome margin progression in its retail business, meaning the bottom line looked relatively improved.French Connection s wholesale and licensing divisions also performed strongly.The company is now within spitting difference of making a profit: losses were pound;800,000 for the year, down from a loss of pound;4.4m last year, which was in line with market expectations.However composite gross margins have dropped from 47.6 per cent to 46.7 per cent, reflecting the higher mix of wholesale sales within group revenue.Why it s interesti
polene bag ngHaving ridden high during the FCUK era, the company went through a sustained period of underperformance amid complaints about quality and widespread discounting.Once the darling of the premium high street, French Connection was forced to embark on a turnaround programme around 18 months ago.With a new team in place, quality Rxen Carney rsquo productivity fixation
Thursday 17 October 2013 9:06 pmAnalyst Views: Has Diageorsquo trading update altered your outlook for the group By: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleMARTIN DEBOO INVESTECWe read the first quarter as a misshellip; emerging market growth is decelerating ndash; fast ndash; driven by a mix of weak demand and destocking. We re-state our sell case, believing that the valuation needs to adjust to reflect growing pressures in the emerging markets, which are heading for 50 per cent of sales.WYN ELLIS NUMISUS spiri
stanley germany ts continues to be key with 5.1 per cent organic sales growth. As expected, however, emerging markets are under pressure and foreign exchange is
owala cup a drag. Management remains committed to delivery of its medium term guidance but we expect consensus to come under some pressure.IAN SHACKLETON NOMURA Diageo reported first qua
stanley uk rter organic revenues up three per cent versus our consensus of four per cent. The small miss was mainly driven by Africa, eastern Europe Turkeyhellip; we believe that medium-term sales growth guidance of six per cent per year can still be achieved, although we now model five per cent for 2014.Diageo hurt by weak emerging markets growthShare this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights Ac
