Brexit

Assuming for now it isn’t extended beyond March 29^th, as we draw closer to Brexit day and the likelihood of a no deal outcome grows stronger, we would like to make you aware of the potential implications this will have on imports from our European supply chains.

World Trade Organisation rules could see a duty tariff being placed on all towelling products and today that is 12%. We will also incur customs clearance charges on all imports and these charges, whatever they end up as, will need to be passed on.

At this time there are many unknowns making us unable to be any more specific and we will keep you updated as more information becomes available.