26 November 2014 – interim management statement
We recommended taking profits on French Connection in May at 77.875p, which proved to be timely advice, and have left the company alone until now. However, the trading update covering the period from 1 August to 25 November makes for encouraging reading. Losses are being reduced significantly and although net cash is below the same point last year, there is a more positive feel about prospects. At the current level the shares are at least a HOLD for those still invested.