Being in financial difficulty is nothing new for the 'Great Outdoors' firm Eddie Bauer; they filed for bankruptcy once before in 2009 and were rescued when Golden State Capital stepped in to buy the firm. A decade later, history is repeating itself. Although trading figures have largely remained steady, it's the company's debt that they're struggling to shift or restructure, and the serving repayments on the debt are crippling the firm.
Golden State Capital considered selling the company in 2017 to solve the problem, but in the same year, their credit rating was downgraded by S&P, which made them a less desirable proposition. It's not all bad news though. The company has rallied a little in the last twelve months and is apparently now in talks with California's Pacific Sunwear about a merger. The news was greeted with enthusiasm by the stock exchange, which saw Eddie Bauer's shares increase in value.
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.