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Oct 4, 2021 · French Connection said Stephen Marks, who founded the company 49 years ago and remains its top shareholder with a 41.5% stake, would retire from his role as chairman once the sale was completed.
Oct 12, 2021 · French Connection revealed narrowing losses as its founder Stephen Marks confirmed plans to retire once a takeover of the company is completed. Last week, Marks agreed to the sale of the fashion business he founded nearly 50 years ago for £29 million to MIP Holdings, which is led by its second largest shareholder, Apinder Singh Ghura.
Oct 4, 2021 · “When the acquisition completes, Stephen Marks will retire from French Connection, a business he founded in 1972,” the company added.
- Tianwei Zhang
Oct 4, 2021 · Marks, 75, set up the company in 1972. He will remain the biggest shareholder but will step down as chairman. Ghura owns 25.4% of the company, while Marks owns a 41.5% stake.
Oct 12, 2021 · French Connection revealed narrowing losses as boss Stephen Marks confirmed plans to retire once the takeover of the company is completed. Last week, Mr Marks agreed to the sale of the...
Oct 4, 2021 · French Connection founder Stephen Marks remains its top shareholder with a 41.5 per cent stake, and was expected to retire from his role as chairman upon sale completion.
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Oct 7, 2022 · French Connection Group’s time on the fashion retail landscape has been tempestuous since it was founded in 1972 by Stephen Marks (see history in box, below). It issued several profit warnings in the early 2000s as appetite for the infamous FCUK logo first began to wane.