French Connection

The British retailer's results have more than tripled underlying losses compared to the same period a year earlier.

The British retailer is holding talks with investors in a bid to secure new funding after the company said it has struggled to access government support schemes.

The British retailer cites difficult trading conditions on UK high streets as the reason behind a 11.4 percent drop in revenue.

The company also reported a smaller first-half operating loss on growth in its wholesale business in the United States.

The UK-based global retailer has announced plans to extend the strategic review and formal sale period.