01 April,2021 | Reuters Staff

Next says Suez blockage has delayed 2% of stock -CEO

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)

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