High-street clothing retailer French Connection (FCCN:54p), for a long time the laggard in my 2016 Bargain Shares portfolio, has announced the disposal of its 75 per cent stake in Toast, a premium lifestyle brand that sells womenswear, accessories, nightwear, loungewear and homeware.
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Simon Thompson
Alpha alert for hefty cash returns
The investor in high-yielding property and asset-backed debt and equity investments has made a thumping gain in the past year, raised its dividend sharply and is returning a chunk of cash to shareholders
Simon Thompson