GIMA event will tackle recession

Garden industry suppliers are set to find out how to avoid becoming the recession's next casualty.

The Garden Industry Manufacturers' Association (GIMA) is lining up several expert troubleshooters for a March business meeting, which follows its annual general meeting.

Director Neil Gow warned that a garden centre group had already gone under this year and many pundits expected more casualties.

"The meeting will look at where suppliers stand when a customer ceases trading and how they can turn their business strategy upside down to make sure they are not one of the casualties. I don't think the outlook is bleak but we need to manage businesses carefully (and) intelligently to make sure individuals don't have a bleak time."

The GIMA business meeting will cover processes, rights and retention-of-title issues if a customer stops trading. It will also look at multiples and insolvency.

The event - in Henley-in-Arden, Warwickshire, on 26 March - will also discuss the future of traditional retailers in an age of internet sales and TV shopping channels.

Speakers will include British Retail Consortium director general Stephen Robertson, Management Today columnist Alastair Dryburgh and law firm Clarke Willmott senior associates Stephanie Slinn and Richard Garlick.

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