One of the consequences of living in more austere times when it comes to personal finance is that the average person spends less on things they used to go big on. That can mean buying a smaller car, buying a more modest home, or having a less expensive wedding. Less expensive weddings are very bad news for David's Bridal. Not only are they selling less, but they're also due to repay a $520m loan in 2019 and a further £270m in 2020. Recognizing they're on the edge of a cliff they've appointed a new CEO in Scott Key, and his first big job will be to postpone or restructure those debt repayments.
No sooner had Key taken his seat than global commercial credit reference agency S&P put the boot into him by reducing the company's credit rating. The options for refinancing or rearranging those debts were sharply reduced, and a whole new strategy might be required of David's Bridal is going to make it into the 2020s.
Over the years, weve seen so many food trends come and go, such as ramen burgers, matcha, and spiked ice-cream. Nowadays, were seeing another trend making waves in the food industry. How many times today have you seen an Instagram photo of a scoop of black ice cream, or a cup of black yogurt, or hamburgers with black buns? Indeed, the charcoal trend has taken the world by storm.
So, what gives your latte that deep black shade? Activated charcoal, or coconut ash, is produced by heating coconut shells to insanely high temperatures until theyre burnt to a crisp. The ashes are then increased in size by steaming at high temperatures. Through this process, the ashes become a strong detoxifier, mostly because they become extra absorbent. This product may be purchased in pill form, and promises to alleviate hangovers, minimize the effects of food poisoning, and fight the visible signs of aging.
Activated charcoal is said to boost ones energy as a result of decreasing toxins in the body. However, no evidence proves that detoxifying can lead to increased energy. Also, while it can help cure a hangover, it doesnt necessarily remove alcohol from your blood. It is also said to aid in debloating your stomach because it cleanses your colon but again, this all anecdotal and isnt supported by scientific evidence as of yet. All we can say for sure is that it is a proven detoxifier.