Clothes retailer Next announced better-than-expected financial results from August and said it's already prepared for a no-deal Brexit. Despite highlighting the potential chaos such an outcome would bring to UK ports and outlining concerns about the government's preparedness for additional customs checks, the company said it would be more than able to bear the brunt of any additional administrative costs affecting its more than 500 stores in the UK and Ireland. Next imports between 15% and 20% of its products from the EU.
Clothes retailer Next announced better-than-expected financial results from the summer and said it's already prepared for a no-deal Brexit. Despite highlighting the potential chaos such an outcome would bring to UK ports and outlining concerns about the government's preparedness for additional customs checks, the company said it would be more than able to bear the brunt of any additional administrative costs affecting its more than 500 stores in the UK and Ireland. Next imports between 15% and 20% of its products from the EU.