Design company Innermost considers EU move to guarantee prices and delivery times
Brexit crisis:Â London design company Innermost is considering moving operations to the EU if the Brexit vote leads to the UK being excluded from the single market.
The brand said that it "will take all necessary measures" to protect its business, and is prepared to relocate some of its business functions to the continent.
Innermost set out its plans in a statement emailed to its European business partners in response to concerns from clients on the continent about the implications of the vote.
"We're monitoring the situation closely and will be considering a series of new measures that are open to us for the future" read the statement, which was sent out in French, German, Italian and English on Tuesday 5 July 2016. "If it becomes necessary we will move to a situation where we hold stock within the EU and invoice within the EU," the email said.
Innermost emailed the statement to its French, German, Italian and English business partners ? click for larger image
Exclusion from the EU's single market could lead to taxes and tariffs being applied to UK exports, making Innermost's products more expensive on the continent.
"We will do everything possible in order not to lose turnover or part of it," Innermost's European sales manager Enrico Marcon told Dezeen.
"The free movement of goods and persons inside the EU is crucial for our operations," he added. "If there should be in the future limitations to this, we wil...
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