French loaf ugly old woman consumed, as some would say (8)
I believe the answer is:
baguette
'french loaf' is the definition.
(French bread)
'ugly old woman consumed as some would say' is the wordplay.
I cannot really understand how this works, but
'woman' could be 'ag' and 'ag' is found in the answer.
This may be the basis of the clue (or it may be nonsense).
(Other definitions for baguette that I've seen before include "Long French breadstick" , "Long narrow French loaf" , "Narrow French stick loaf" , "Bread roll" , "Get beaut of a French loaf" .)