RE: Freight Rates down to Pre Covid Levels9 Nov 2022 21:14
Interesting to see the gym group todays trading update. Revenue growth strong but they are seeing a sharp increase in utility costs. We will see this with most retail shops suffering, however boo with a more streamlined operating system will not feel half the effects of these rising costs and with cotton and freight costs falling it looks like we should see an improvement in operating margin going into 2023.