The recent blockage of the Suez Canal has delayed the arrival of about 2% of British fashion retailer Nexts stock its boss said on Thursday.
LONDON April 1 The recent blockage of the Suez Canal has delayed the arrival of about 2% of British fashion retailer Next&rsquos stock its boss said on Thursday.
&ldquoIt&rsquos a problem but not a big problem. It&rsquos delayed about 2% of our stock by three weeks&rdquo CEO Simon Wolfson told Reuters.
&ldquoThe bottom line is we don&rsquot expect the Suez blockage to have a material impact on sales over the next two or three months&rdquo he said. (Reporting by James Davey Editing by William Schomberg)