The company's financial result showed that its group revenue dropped to 51.0 million pounds (about 63.2 million U.S. dollars), mainly driven by the reduction of the store portfolio and wholesale.
Data also showed that retail revenue decreased by 12.8 percent to 23.8 million pounds (29.5 million dollars) compared with the same period a year earlier, with wholesale revenue losing by 11.7 percent to 27.2 million pounds (33.7 million dollars).
Stephen Marks, chairman and chief executive of French Connection, highlighted that the firm's "retail performance has been resilient, overall the wholesale business is strong and we continue to see good stability in the licence income."
"Underpinned by these results we remain fully on track to achieve our expectations for the financial year," he said.
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