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Company Response

27 May 2022

Author:
Next

Next's response to Neo Trend factory closure

It is always our intention to work with our active supply base on any issues that come to our attention, involving relevant stakeholders where needed. We have had no business relationship with Neo Trend since 2020, after the factory took the initiative to cease trading with us; all monies owed by Next were paid on time and in full. Once they stopped taking our orders, any leverage we may have had ceased and the factory's closure a year later cannot reasonably be linked to Next. 

Next has never been the lead or majority customer at Neo Trend and was never the sole buyer at the factory. Despite this, we engaged with relevant parties for a considerable time on the matter during sometimes challenging circumstances and held conversations in good faith with various parties, including worker representatives, in an attempt to reach a resolution.