French Connection Share Discussion Threads

[dlku] 04/12/2015 11:19

Next leg northwards starting

[onjohn] 02/12/2015 16:19

Looking strong

[onjohn] 02/12/2015 11:58

did say it was fccn delicious
will be nice at 90p

[dlku] 01/12/2015 11:51

French Connection has reported 16wk UK Retail LFLs +0.2%, full price LFLs c.
+6%, and gross margin +150bp, continuing the improved trend reported after 6wks.
In addition, the group has announced a renewal of its license deal with DFS and
additional store closures. Encouraged by these supportive signs, we move from
Hold to Add.
● Full price UK Retail LFLs +6%: French Connection has recorded a solid update for
the 16wks of H2 to 21-Nov, with UK Retail LFLs continuing the improved trend seen for
the first 6wks. Following the -10.7% UK Retail LFL posted through H1, the last 16wks
have moved into positive territory, with LFLs +0.2% and full price LFLs around 6%. This
strong full price performance, coupled with bought-in gains, has supported a 150bp
gross margin uplift.

[dlku] 01/12/2015 11:46

back to 90p in due course?

[srpactive] 01/12/2015 10:19

safman

and now to 8.2%

[harebridge] 01/12/2015 10:13

Looks like Paul Scott was spot on with this! Cheers!!

[safman] 01/12/2015 10:05

Gatemore ( Liad Meidar) increasing their stake to a rounded 8.0%...

saffy..

[mreasygoing] 30/11/2015 11:29

Added a few on the rise today. Lovely move with the closure.

[zoolook] 30/11/2015 09:50

It shows that Marks can swallow his pride and close vanity stores - in the end. Uncharacteristically upbeat tone to the statement too. Surprised that share price didnt bounce higher so picked up some more. Biggest holding by far now.

[cockerhoop] 30/11/2015 08:50

Agree with you there Zoolook.

You do have to question their original store location rationale, they also have a small store in Argyle St which you can almost see from the Regent St store along with the flagship Oxford St store and a John Lewis concession on Oxford St all within a half mile.

Having had the misfortune to pass the Meadowhall store twice in the last month I didn't have high hopes on current trading so a pleasant surprise.

[zoolook] 30/11/2015 08:22

Christmas has come early :-) great news about Regent Street

[safman] 30/11/2015 08:09

Good morning..

Picked up a few FCCN.. as a trade..

saffy..

[tmfmayn] 27/11/2015 14:33

Maybe everyone is downstairs selling stuff in the HQ reception:

[smicker] 27/11/2015 14:21

Contacted the company re trading statement but got out of office reply.

[mreasygoing] 26/11/2015 15:07

Since you said that buyers are here. Dips are buying opportunities. This is one of my picks to multi bag in 3-4 years. ENQ, PMO and FXPO are my others. Dyor.

[smicker] 26/11/2015 14:50

looks like one of those somebody must know something days

[ivyhuang] 26/11/2015 07:26

later again.

[mreasygoing] 20/11/2015 16:56

Bought back in have you ? I thought your motto was 'Once bitten twice shy' ;) Welcome back. Nudge nudge wink wink.