TITLE

Import restrictions

PUB. DATE
February 2005
SOURCE
Cabinet Maker;2/4/2005, Issue 5424, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Harveys is seeking to outsource its importing to third parties but is offering terms many companies could find unattractive. The company is demanding 90 days credit, according to industry sources. Tony Garner, industry development manager at credit insurer Atradius said 90 days was a long, if reasonable, credit period for furniture suppliers to offer to retailers. The news comes on the heels of the decision by the Financial Reporting Council to keep a closer eye on the retail industry in 2005, as tough trading conditions will make it more vulnerable.
ACCESSION #
16192240

 

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