French Connection Group plc announced that it expects to close 7 non-contributing stores during the second half of the year. Further, due to the redevelopment of the building, the company will vacate its Regent Street, London store at the end of March 2016, at which time it will receive a compensation payment of £2.4 million, while also removing the ongoing trading losses of the store.

The company expects the results for the full year to be in line with market expectations.