Industry Update
An industry update with Howard Wilder. Howard Wilder
Sales Director, Banner As I write this update we are entering the last half term of the year and schools are tentatively anticipating a full and ‘near normal’ return in September. Retailers will be aware of the strength of demand and I sense a buoyancy in mood as all of us hope the worst of the pandemic is behind us. In the meantime, I’m pleased to confirm that Banner are building good stock
levels and as a result of our close cooperation with our factories, we are
confident of supplying the vast majority of lines on time and in full. A great team
above our original budget.
Nonetheless, some serious issues and bottlenecks remain.
effort by our planning, shipping and ops
The outbreak of new waves of the virus
these difficult times. We would also like
and the backlog of shipping remains an
teams who have helped us navigate
to thank our customers for the forward and daily orders that have come in
for this coming Back to School, with
great demand being seen across the board but particularly on our APTUS
Performance and Essentials ranges, and which overall has resulted in us placing
22
orders for a further £2m worth of stock
in Asia has not helped our supply chain
issue for industries across the globe. Six of the main wholesale suppliers have
already written to retailers, as have the
Schoolwear Association; here at Banner, we are following up with emails and calls to
affected retailers, explaining the situation,
giving expected delivery dates and hoping
