A new EY report said that FTSE-listed retailers have issued double the number of profit warnings in the past year compared to 2017 as subdued consumer spending, migration online and Brexit issues have pushed up costs, driven sales down and made a number of physical stores unprofitable.EY said that there were 10 profit warnings in H1 last year and 20 this time with Debenhams, Moss Bros, Carpetright and Card Factory having all issued warnings. That’s in addition to a number of non-listed companies that have gone under, launched CVAs or otherwise indicated that trading isn’t as strong as they’d like it to be.
And even healthy companies have seen sales growth that’s slower this year with Ted Baker reporting slower sales last month, Superdry this month saying store sales were h…
Rauw Alejandro Confirms Rosalia Breakup & Denies Cheating Rumors
Rosalía is speaking out on where she stands with ex-fiancé Rauw Alejandro.
The "Despechá" singer, 30, shared that there are no hard feelings between her and the Puerto Rican artist, also 30, after the two ended their engagement earlier this year.
"I love, respect and admire Raúl very much," Rosalía wrote in Spanish on her Instagram Stories July 27. "Not paying attention to the theatrics, we know what we have experienced. This moment is not easy so thanks to everyone for understanding and respecting."
Her statement comes a day after Rauw confirmed he and Rosalía had broken up after two years together.
"Yes, a…