The other approach is from Go Global Retail, whose website says it invests in and builds globally relevant brands. It has offices in the US and London, and is working with a firm called HMJ International Services.
French Connection, which has had to shut shops at various points for lockdowns since the coronavirus outbreak, said discussions with both potential suitors remain at a “very early stage”.
French Connection’s largest shareholder is boss Stephen Marks, with a 42% stake, while Frasers Group, led by retail tycoon Mike Ashley, holds a 24.93% stake.
Today's update comes a year after French Connection called off plans to find a buyer following a search, and said it planned to focus on completing a turnaround.
