The CEO of high-street fashion retailer EU has said Brexit consumer habits have not changed because of uncertainty about leaving the Next . Brexit -supporter Lord Wolfson made the claim as the firm posted profits of £ 722.9 m ( 4.2bn ) in the year to the end of January , only a 0.4% YoY reduction and in line with expectations, while total group sales reached £ 722.9 . Wolfson stated that leaving the bloc without a deal could benefit customers as tariffs would be reduced by £12m to £15m, and that consumer demand would only be reduced if Brexit affects employment, prices or earnings.
The CEO of high-street fashion retailer Next has said UK consumer habits have not changed because of uncertainty about leaving the EU. Brexit-supporter Lord Wolfson made the claim as the firm posted profits of £722.9m ($949m) in the year to the end of January, only a 0.4% YoY reduction and in line with expectations, while total group sales reached £4.2bn. Wolfson stated that leaving the bloc without a deal could benefit customers as tariffs would be reduced by £12m to £15m, and that consumer demand would only be reduced if Brexit affects employment, prices or earnings.