The Foschini Group, that owns Hobbs, has written to Interpath Advisory, the administrators of Joules, to express its disapproval of the company’s choice to sell the country-lifestyle retailer to Next.
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Apple’s supply chain issues cost the company $6 billion in sales during its fiscal fourth quarter, which fell short of Wall Street projections, and Chief Executive Tim Cook predicted that the impact will be considerably greater during the current holiday sales quarter.
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Microchips aren’t the only shortage plaguing the auto industry right now – workers are in short supply, too, from the smallest Tier 3 supplier to the shop floor of the largest assembly plants, showrooms, and dealership service areas nationwide.
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