Brexit: JoJo Maman Bebe founder says retail confidence hit
A leading Welsh businesswoman has said she is convinced Brexit uncertainty is stalling business growth. Laura Tenison, founder of JoJo Maman Bebe, said consumer confidence was at an all-time low. The clothing and accessories company has been growing at 20% a year and has the capacity to send out 6,000 parcels a day, but is now down to about 2,000 a day. She said it has been 'extremely tough' for the retail sector. 'Until about six months ago we were doing well, we continued to grow, but recently the lack of consumer confidence is so apparent, people don't know when their job stability is going to be given back to them,' she said.
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