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Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
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GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
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NIKE
Senior Security Incident Responder – Cis
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FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
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Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Oct 5, 2021
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French Connection agrees $40 mln sale; chairman to retire

By
Reuters
Published
Oct 5, 2021

French Connection, the provocative UK fashion brand known for its "FCUK" branding, said on Monday it has agreed to sell itself for 29 million pounds ($39.3 million) after years of losses only made worse during the coronavirus pandemic.


Stephen Marks, who founded the company nearly 50 years ago and remains its top shareholder, will retire from his role as chairman once the sale is complete - French Connection


The buyer group comprises UK-based apparel industry entrepreneurs Apinder Singh Ghura and Amarjit Singh Grewal, as well as holding company KJR Brothers Ltd.

Stephen Marks, who founded the company nearly 50 years ago and remains its top shareholder, will retire from his role as chairman once the sale is complete, French Connection said.

Ghura, a longtime supplier to the apparel industry and more recently an investor, owns 25.4% of the company, while Marks owns a 41.5% stake, according to Refinitiv Eikon.

The offer of 30 pence per French Connection share represents a 30% premium to the stock price before the company revealed the bid last month.

The deal comes after French Connection began seeking new suitors earlier this year after investment firms Spotlight Brands and Gordon Brothers pulled out of early talks to buy the company.

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