Profit warnings focus on sectors Q4 2020: FTSE Retailers

1 Feb 2021
By Mona Bitar

UK&I Consumer Leader, Ernst & Young LLP

Experienced business advisor for over 25 years. Amateur poet and historian. Brings multi-cultural perspectives as a proud Palestinian Brit.

1 Feb 2021

An unprecedented challenge

The total of 53 warnings from 72% of the FTSE Retailers sector in 2020 is the highest EY has recorded in over 20 years of analysis. This exceptional number reflects the impact of COVID-19, which has significantly amplified and accelerated fundamental changes in consumer behaviour. 

ey infographics for ftse retailers
Challenge and change.

The challenges keep coming for retailers. Being brave and proactive is a must. There simply isn’t a choice to continue as they were.

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Summary

Every quarter, we provide the latest sector insights from our Profit Warnings analysis, delving deep into two specific sectors and the challenges facing companies and stakeholders alike.  

For Q4 2020, we look at the FTSE Retailers sector as well as the FTSE Real Estate sector, analysing the headwinds facing both.

About this article

By Mona Bitar

UK&I Consumer Leader, Ernst & Young LLP

Experienced business advisor for over 25 years. Amateur poet and historian. Brings multi-cultural perspectives as a proud Palestinian Brit.

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