JD Sports boss mulls EU warehouse due to Brexit red tape
JD Sports chief executive Peter Cowgill has warned of potential job losses due to the restrictions placed on businesses by the Brexit deal.
Speaking to the BBC yesterday, Cowgill said the red tape and delays in shipping goods to the continent equated to ādouble-digit millionsā in extra costs.
As a result, Cowgill said it would āmake a lot of senseā for the retailer to open a European distribution centre, which he said would employ 1,000 people. While he said that wouldnāt result in the closure of the retailerās existing Rochdale centre, he warned āit would mean the transfer of jobs to Europeā.
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