Shares in the owner of Hotter Shoes have slumped after warning its losses are now expected to be higher than previously forecast.
Skelmersdale-headquartered Unbound Group said that "despite a cautionary outlook at the group's interim results, trading conditions in the second half of the financial year have been more challenging".
It added that "several external factors, including the extended period of hot weather, the impact of Royal Mail industrial action and broader economic conditions significantly impacted sales of our autumn/winter range in the final five months of the year".
