Toys R Us collapse likely to impact Birmingham supplier Tandem
Toys and bikes supplier, Tandem Group, has warned shareholders the fragile nature of the retail sector and the collapse of the Toys R Us chain are likely to have an adverse impact on its revenues.
The Birmingham-based firm, which designs, develops, distributes and sells sports, leisure and mobility equipment, used a trading update ahead of its annual results statement to highlight the issue.
It said it had become concerned about Toys R Us, one of its major customers, last year and had implemented steps to limit any long-term ris... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
