European retailers face fresh pressure as corporate distress climbs above pre-Ukraine crisis levels

European retailers face fresh pressure as corporate distress climbs above pre-Ukraine crisis levels

European retailers are heading into a fresh period of energy market turmoil and geopolitical uncertainty from an already weakened position, with new data showing corporate distress across the sector remains higher than it was before the 2022 Ukraine war energy crisis. According to the latest Weil European Distress Index (WEDI), retail and consumer goods continues to rank as the most distressed sector in Europe, despite a modest quarter-on-quarte…