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Chanticleer

RCG Corp joins the ASX club that nobody really wants to join

Chanticleer is Australia's pre-eminent business column.

The second profit downgrade in three months by RCG Corporation means the once fast growing footwear retailer is now a member of a less than salubrious club.

It is one of eight companies to have released two profit downgrades for the fiscal 2017 year.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/brand/chanticleer/rcg-corp-joins-the-asx-club-that-nobody-really-wants-to-join-20170501-gvw61b