Feb 9, 2021

Brexit worse than feared, says JD Sports boss

Peter Cowgill, chairman of JD Sports, said the red tape and delays in shipping goods to mainland Europe meant "Double-digit millions" in extra costs. Mr Cowgill told the BBC's World at One that there is no true free trade with the EU, because goods that JD Sports imports from East Asia incur tariffs when they go to its stores across Europe. While JD Sports' existing warehouse in Rochdale would not close, "It would mean the transfer of a number of jobs into Europe," Mr Cowgill said. Mr Cowgill had particular criticism for the government's decision-making on forcing non-essential shops to close, while allowing essential shops to stay open. "Some essential retailers have been making hay out of selling clothes, whilst clothing retailers have been closed. It is bizarre," he said.

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