UK's Shoe Zone issues profit warning due to lower sales, citing poor weather and high shipping costs.

Shoe Zone, a UK high street retailer, issues a profit warning due to lower-than-expected sales between April and June, citing poor weather and high shipping costs as factors. The company now anticipates an adjusted pre-tax profit of £10 million or more, down from previous estimates of £15.2 million. Shipping costs increased due to supply issues, Suez Canal reroute, and National Living Wage cost impacts.