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Brexit could affect customer sentiment in Europe according to Esprit CFO

on Jun 30, 2016 | 0 comments

By Rebecca Stewart

As political leaders continue to outline Britain’s post-Brexit plans, clothing retailer Esprit has warned that the UK’s vote to leave the EU may affect consumer sentiment.

Thomas Tang, Esprit’s chief financial officer, sent an email to Reuters this morning (30 June) saying that the political uncertainty in the aftermath of the vote could create “risk for an impact on the general consumer sentiment across Europe, where the majority of our business is located, but it is impossible to predict its timing and reach.”

“We obviously remain attentive to the developments in this most important matter… As for any broader impacts on the Read full story ›

Source: The Drum