Struggling retailer attracts Spotlight Brands as well as Go Global Retail
The ailing clothing retailer French Connection has received two separate takeover approaches from potential suitors.
The company, which unsuccessfully sought to find a buyer in 2019, said it had been approached by the retail investor Spotlight Brands, with backing from the restructuring and investment firm Gordon Brothers. Spotlight has backed British brands including fitness-focused Sweaty Betty, while Gordon Brothers acquired the Laura Ashley brand last year following its administration.
