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News - 23 September 2003
|Weathering the Heat|
FCUK Beats the Heat
French Connection admitted this week that the exceptional British summer had taken its toll on sales as shoppers headed for the beach but still managed to report its interim profits up by 33%
The six months to the end of July saw like-for-like sales growth of 11% and profits of £13.7m but the underlying story was one of disappointing sales in August at the height of the heatwave.
Monsoon also seemed to shrug off the worst of the hot weather effect as it reported a 28% increase in like-for-like sales for the 14 weeks to September 6th.
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