Kitchen appliances group Breville Group expects to increase prices and ramp up its inventory position this half year as global supply chain challenges and inflationary pressures persist.
Global logistics may improve on the other side of Chinese New Year, allowing Breville to catch up in the second half, and avoid a replay of the past half year’s supply challenge.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com