French Connection issued a surprise (and very short) update on Friday detailing the results of its strategic review, and its share price plunged as a result. The reason? It's no longer for sale and trading remains tough.
Sports Direct had mixed news on Monday with acquisitions boosting sales but plenty of negative numbers when bought-in business are factored out. But HoF is showing 'green shoots' and Flannels is improving.
French Connection’s half-year results showed it “building on good progress” and “on track to meet expectations”, but it's still loss-making. It also said its strategic review would be completed before 2020.