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
Flowtech’s focus on return on capital
The new management team has committed to boost investment returns through a raft of self-help measures that should enhance cash-flow generation and payouts for shareholders
Simon Thompson