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Three years on, Brexit is still impacting both U.K. and Europe-based brands in luxury fashion. Niche and young brands, in particular, are having a hard time with the fallout, though many have secured manageable workarounds.
THE owner of an award-winning sustainable luxury fashion business has said she fears for the future of small firms as the impact of post-Brexit import tariffs begin to bite.
Arts missing out on tens of millions from expanded EU fund, say campaigners.
The UK Trade and Business Commission is gathering evidence to understand the main challenges facing businesses, organisations and economic sectors to establish which policies and trading arrangements will help overcome the economic and trading barriers facing the UK today.
Government’s new trade red tape likely to hit long-term productivity, trade economists warn.
An error in the UK’s post-Brexit IT border system disrupted companies bringing goods in from the European Union, raising costs, adding bureaucracy and snarling deliveries.
UK clothing and lifestyle brand Joules is terminating some of its wholesale agreements with stockists in the European Union. Drapers explores who else is following suit, and what the implications are.
Lifestyle brand Joules has made moves to terminate some of its wholesale agreements with EU stockists as Brexit costs made the channels unprofitable.
Britain’s economic and cultural prowess is suffering due to post-Brexit tax changes, reports Sascha Lavin. / As the Government publishes a 100-page ‘benefits of Brexit’ paper today, luxury brands are calling on Boris Johnson to rethink a post-Brexit policy that is harming their international competitiveness.
British luxury retailer Matchesfashion has been hit hard by COVID-19 and Brexit, its Companies House filings revealed.
The fashion industry has warned it faces severe talent shortages after a government advisory body rejected its plea to offer more visas to foreign workers.
Research by the UK Fashion and Textile Association has revealed the true extent of disruption and additional costs British fashion companies have faced since prime minister Boris Johnson's Brexit trade deal was implemented on 1 January 2021.
A swift walk through the corridors of Westminster will highlight that for many working in politics, the fashion and textiles industry is not a top priority for them.
Close to 59 per cent fashion brands have said that Brexit has impacted their business since the end of the transition, as per a recent report. About 25 per cent of the brands surveyed said they have considered relocating all or part of their businesses and 91 per cent of them want a visa that allows creative access to EU countries cheaply and quickly.
Fashion Roundtable, the secretariat for the All Party Parliamentary Group (APPG) for Textiles and Fashion, has put forward 11 recommendations to help mitigate Brexit's impact on the UK fashion and textile industry.
It started from the rich and interwoven history of textiles in Yorkshire from the 18th century, when the region stood at the forefront with its countless cotton and wool mills.
It would be fair to say that businesses in Somerset are now really starting to feel the effects of Brexit and our new trade deals with the EU and the rest of the world. From all the businesses I have spoken to so far the effects have ranged from bureaucratic nightmares with unnecessary paperwork and extra costs to complete shutdowns of exports.
The UK's new trading relationship with the European Union (EU) might be less than two weeks old but some businesses - and their European customers - are already struggling to adjust to the new trading landscape.
Firms across four different sectors share their stories of rising costs, extra paperwork and packages that never arrive.
A major agency which represents Naomi Campbell and Twiggy has warned that models now face a three month wait to work in Europe, effectively killing off their chances at work in the EU post-Brexit.
However, there is another threat to music in Britain, and it’s not the virus. It is the government. One music campaigner put it to me: “The British government has given the creative industries of the United Kingdom a No Deal Brexit. It is simply killing us.”
ITV News Europe Editor James Mates visited Greece, where traders and businesses tell him that cost and paperwork is making them turn to other countries to do business.
Designer Katharine Hamnett has warned that UK fashion businesses are already closing as a result of post-Brexit paperwork, and that she herself has been forced to pause sales to the bloc.
Saturday 20 February was the 50th day since Boris Johnson’s Trade and Cooperation Agreement (TCA) came into effect. Anyone expecting it to settle all questions, or even most of the details, of how we will do business with the EU from now on will be mightily disappointed.