Fashion Retailer Collaborates with Very and Plans Store Growth

  • French Connection partners with Very for autumn winter 24 womenswear collection
  • Expansion to include menswear starting spring summer 25
  • Very appoints former Asos and Matches CEO Nick Beighton as non-executive director
  • French Connection currently operates 19 UK stores, plans to open 4-5 more by 2024

French Connection is expanding its presence in the UK market through a new partnership with Very, launching its autumn winter 24 womenswear collection on the online platform. The wholesale collaboration will also include menswear starting from spring summer 25. Very’s recent appointment of former Asos and Matches CEO Nick Beighton as a non-executive director adds to French Connection’s existing UK stockists, such as Marks & Spencer, John Lewis, and Asos. The brand currently operates 19 stores in the UK, with plans to open an additional four to five locations by 2024, including both full-price and outlet formats.

Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about French Connection’s partnership with Very for their autumn winter collection and expansion plans. It also mentions the appointment of Nick Beighton as a non-executive director and the brand’s store growth. However, it contains some irrelevant information about Asos selling a 75% stake in Topshop which is not directly related to French Connection.
Noise Level: 6
Noise Justification: The article provides relevant information about French Connection’s partnership with Very and its expansion plans, but it also includes some irrelevant details such as mentioning Asos selling a stake in Topshop which is unrelated to the main topic.
Financial Relevance: Yes
Financial Markets Impacted: The partnership between French Connection and Very impacts the fashion retail industry and may affect the financial performance of both companies.
Financial Rating Justification: This article discusses a new partnership between French Connection and Very, which is expected to impact their sales and potentially affect the financial markets for both companies in the fashion retail sector.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the text.

Reported publicly: www.retailgazette.co.uk