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#CASE 3: DUTY RECLAIM

A multi-million pound duty reclaim on behalf of a globally recognised running and sportsware brand

1

CLIENT PROFILE

Our Client

A highly innovative and industry-leading sportswear brand with global revenues exceeding $1 billion. Goods are designed and manufactured in factories around the globe, with a high percentage of sales in the UK, EU and US markets.

Client Confidentiality Statement

We collaborate with clients on highly confidential matters. To protect their privacy, the identities of our clients have been altered in our case studies, while the projects and scopes of work remain authentic.

This ensures we can share the impact of our work without compromising client confidentiality.

2

THE BRIEF

Duty Recovery

Despite having already worked with one of the so called “big-4” as part of their post-BREXIT strategy, the business presented what initially appeared as an isolated query on the eligibility of a specific product to obtain preferential treatment when imported into the UK.

Whilst left unaddressed, this query had resulted in 7-figure sums of import duty being paid on imported goods, which had not been budgeted for and was believed to have been mitigated as part of their post-BREXIT planning.

As such, BKR was asked to provide a second opinion and advise on potential strategies to both reclaim and avoid these duties on future imports.