French Connection's profit falls as store closures hit sales
It has also been struggling to fend off competition from rivals such as ASOS, Forever 21 and Zara
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London
BRITISH fashion retailer French Connection Group reported a drop in profit for the half-year due to the closure of some of its stores.
The owner of the Toast, French Connection and Great Plains brands has been struggling to fend off competition from fast-fashion rivals such as ASOS, Forever 21 and Inditex's Zara. It has closed stores and hired new management and design teams as it tries to return to a profit.
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