Harrods has delayed its famed summer sale as the new season’s goods have been caught up in global supply-chain snags, according to the London luxury emporium’s managing director.
“Our supply chain is running two to three weeks behind where it should be,” Michael Ward told Bloomberg TV at the Qatar Economic Forum. “A good example of that is we’ve just delayed the summer sale for two weeks because I need another 10 percent of new-season stock to allow me to function into the new year.”
It’s the latest instance of supply constraints hitting industries ranging from cars to high-end fashion, with shortages worsened by China’s Covid-zero policies and the war in Ukraine.
Tight labour markets are another challenge, particularly in the UK, where airlines, retailers and others are struggling to recruit workers.
Harrods London
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