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Next not worried about Brexit, global logistics is the issue

Brexit 155 China 2658 Cons. Discr. - Apparel 387 Cons. Discr. - Retailing 330 Coronavirus 452 European Union 679 India 419 Quote Watch 281 United Kingdom 298

Disruptions to U.K. retail by the transition to new EU-U.K. trading and customs arrangements may prove minimal with the CEO of food retailer Morrison’s, David Potts, stating “there is no issue with the flow of merchandise between mainland Europe”. Similarly clothing retailer Next has stated it “does not anticipate that Brexit will have a material impact on our ability to import and export stock in the year ahead”. Next instead faces challenges from supplies from outside the EU, stating “the pandemic has adversely affected the flow of container traffic from the Far East” with delays of tw...

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