James Moore: French Connection is facing a real challenge
Outlook The Oxford English Dictionary describes "challenging" as "testing one's abilities" or "demanding". Companies have a rather broader range of definitions.
For retailers at the top of the tree it means "things look tough but, we're doing all right, we're just sensibly managing expectations here". There's a second group that are struggling a bit more for whom it means "don't expect much in the way of dividends this year".
And then there's a third group for whom things are getting quite nasty. That includes French Connection, the fashion retailer, which irritated quite a lot of people with its cheeky FCUK slogan that used to be plastered across its apparel but is rather less in evidence these days.
Yesterday saw the second profit warning in six months prompted by a 10 per cent fall in sales across the UK and Europe. Worryingly its cash reserves fell by 39 per cent. When French Connection talks about challenging, just add an "ed" on to the end of that naughty slogan.
A cautionary tale for ambitious would-be authors
X Factor judge will appear in court later this month
Sir Ian McKellen hits back at Damian Lewis' 'fruity' claims
Ja Rule forced to deny leaving wife for prison cell mate
Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
'I'm experiencing austerity as well', says Princess Michael of Kent
- 1 Dear Sir Jimmy Savile: A comedian's words of valediction to the nation's trusted uncle
- 2 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 3 Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
- 4 Newly vegan Beyoncé wears fox fur to dine in meat free restaurant
- 5 'I'm experiencing austerity as well', says Princess Michael of Kent
- < Previous
- Next >
iJobs Money & Business
£44000 - £55000 per annum + Excellent Benefits: Pro-Recruitment Group: Confide...
£25000 - £35000 per annum + Benefits : Harrington Starr: PHP Symfony2 Framewor...
£40000 - £55000 per annum + Bonus and Benefits: Harrington Starr: A leading pr...
£50000 - £60000 per annum + Bonus + Benefits: Harrington Starr: Market Data An...