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GA's pledge to members: we will help you handle Brexit The Giftware Association has pledged to help gift and home industry suppliers and retailers handle the pressures and grasp the opportunities presented by leaving the European Union. Speaking at The Great Northern Retail Forum at Home & Gift, GA Chairman Henri Davis said that trade associations remained as relevant as ever and The GA team and national committee members would be keeping on top of Brexit developments as they materialised.
"We'll research the issues and use all our various areas of expertise to lobby government and make sure our members' issues are put across and understood. All the information we gather will be pooled and become a rich resource for anyone within The GA." Henri, a retail advisor, said that the impact of the vote to leave the EU could already be felt through exchange rates. "Unless you already had orders placed, it has had an immediate effect for anyone buying product from Europe, America or the Far East." She added: "I don't have a crystal ball, but as we work our way through this period of change it's critical that each of us evaluates our business to make sure we understand the implications and make informed decisions about what we need to do next."
GA Vice-Chairman make a special delivery to the Queen GA Vice-Chairman Jeremy Corner and his wife Jo, founders of Blue Eyed Sun, presented the Queen with one of the company's 90th birthday cards at Buckingham Palace recently. They were attending a special event for companies who won Queen's Awards this year. "It was an incredible honour to meet Her Majesty, present her with the card and tell her a little about Blue Eyed Sun," said Jeremy. GA members believe Brexit will hit their sales and export prospects The majority of GA wholesale and retail members who took part in a poll following the EU referendum believe that their UK sales and export prospects in the coming months are worse following the Brexit vote and they overwhelmingly believe that their costs will now be higher.
Some 68 per cent of GA members who responded to a survey from the association believe that their UK sales will suffer now that Britain has decided to leave the EU. And while 28 per cent think that their sales prospects will remain unchanged, only 4 per cent believe that they will improve. The survey results are in sharp contrast to a GA poll in mid-March that revealed supplier and retailer members were generally upbeat about future prospects.
For more information on The GA, visit www.ga-uk.org