U.K. Retailers Set Up EU Sites Over Brexit Uncertainty
- Clarks shoes is said to plan European distribution center
- Hut Group’s Polish facility is said to act as Brexit shield
Photographer: Krisztian Bocsi/Bloomberg
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Two British retailers are set to open new European outposts to protect themselves from potential Brexit fallout.
C&J Clark Ltd., the seller of Clarks shoes, plans to open a distribution center in continental Europe to shield itself from potential tariffs and other barriers to the cross-border movement of goods after the U.K. leaves the European Union, according to people familiar with the situation.