Corporate Client Dealer, Moneycorp
Rob has worked for Moneycorp for over six years and during this time has gathered a wealth of knowledge about clients in the apparel and footwear industries. His expertise benefits businesses of all sizes in managing foreign exchange. For a consultation with Rob and his team, call +44 (0)20 7823 7400.
Email Rob Bollé with your questions about the forthcoming 2010 buying season at firstname.lastname@example.org
Moneycorp is a leading foreign exchange specialist, providing global money services to businesses of all sizes. If your organisation has an international payment requirement, Moneycorp can offer competitive rates of exchange, expert market guidance and flexible hedging contracts to meet your specific needs.
Moneycorp works with many businesses within the apparel and footwear industries. As a result, we have a detailed insight into the issues affecting companies within these increasingly competitive sectors. Whether your business is involved in manufacturing, wholesale, trade distribution, retail, or importing/exporting raw materials or finished goods, we can help.
Companies in the apparel and footwear industries have had a hard time over the last year. Trading conditions are tough, especially for those heavily reliant on imports. In fact, Moneycorp is experiencing its highest ever levels of first-time queries from small and medium sized companies facing financial problems, due to the weakness of sterling.
In this period of unprecedented market volatility, companies are at risk from exposure to the weak pound. Every business trading internationally is at risk from currency fluctuations. Irrespective of its size, or how complex those trading activities may be. Over the past 6 months we have seen the value of sterling fluctuate 23%against the dollar and 12% against the euro. Unexpected exchange rate movements can eliminate otherwise healthy profits.
Moneycorp has 30 years’ experience dealing in foreign exchange. We offer a specialist service designed to help your business manage its foreign exchange exposure more effectively. Our experts will help you reduce the cost and complexity of trading internationally.
Questions answered by Rob Bollé
- How do we negotiate better discounts from suppliers and how would you advise me to begin negotiations?
- Have you reduced your budgets for SS10? Or have you increased them, hoping for the green shoots of economic recovery next year?
- When is the recession going to end and will my suit sales ever go back to what they were?