Nearly three-quarters of UK firms say leaving the EU has affected them “very negatively”.
Independent fashion retailers face mounting pressure from the cost of living crisis and rampant price inflation. Drapers examines their survival strategies. / The independent retail sector is battling rising energy costs, post-Brexit stock order delays and weak consumer confidence.
...a combination of supply chain problems, Brexit, inflation and unseasonably warm weather ended with Hunter Boot going into administration, the UK’s version of bankruptcy.
UK clothing and food retailer Marks & Spencer on Wednesday reported a 7.8 per cent decline in annual profit, as strong sales growth was offset by inflationary pressures and the impact of Brexit-related costs on the Irish food business.
It may have been over three years since the UK formally left the European Union but UK brands and retailers continue to face a slew of challenges in navigating post-Brexit trade. Drapers identifies the persistent pain points and how they are being managed.
Fears of new disruption to fresh produce supply from EU when import controls hit in October.
Vintage clothes shop in Corby closes and says Brexit has 'destroyed online vintage businesses'
28/02/2023
They have decided to scale down their business in order to spend more time as a family, but say the decision is also because Brexit has made their business far more difficult to run.
Business leaders have called for greater support for Scotland’s stricken high streets as a famous clothing retail brand trading for 189 years is to close.
Extra paperwork, border checks and additional costs for exports - Brexit has destroyed the livelihoods of countless musicians.
The import of apparel by the United Kingdom was badly hit by Brexit and the COVID-19 pandemic. The value of UK’s apparel import has been declining from 2019, when it became imminent that Brexit is going to take place.
Caller who voted Brexit for 'less bureaucracy' has goods held 'hostage' and stock delayed
14/05/2022
This frustrated business owner who voted for Brexit because she was "fed up with the bureaucracy" of the EU now has "more of it" as her business struggles to cope with additional costs and delays.
EU demands billions from UK as ‘Made in China’ row widens: Britain accused of flouting Brexit rules
14/03/2022
The European Union is demanding £2.5bn in compensation from Britain for failing to apply customs rules to Chinese imports.
UK ‘failed to fulfil its obligations’ to stop Chinese companies flooding market with cheap clothes.
Figures show Brexit compounding Covid disruption, with clothing exports plunging 60%, vegetables down 40% and cars 25%.
Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain
03/02/2022
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Kidswear independents across the UK have expressed concerns that “nightmare” post-Brexit import VAT is still being incorrectly charged on some children’s clothing and footwear that should have been zero rated, causing “hell on earth” for many businesses.
UK companies face Brexit import controls
03/01/2022
British firms face the introduction of much-delayed post-Brexit border control checks from 1 January which will affect businesses importing $314 billion of goods a year from the European Union.
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.
With inflation set to rise, alongside the cost of shopping and transport, the economic fallout will squeeze Britons’ budgets.
Non-binding opinion says UK allowed criminal gangs to flood Europe with cheap Chinese-made clothes.
Sports clothes company forced to relocate to Romania to allow business to ‘survive and grow’
05/07/2021
In a statement, the company said: "We are now relocated in Europe." / “Sadly, due to Brexit and UK lockdown restrictions, we had to leave England to allow our business to survive and grow.”
A company specialising in children’s sports clothing has relocated to avoid the costs and bureaucracy caused by leaving the EU.
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.
Brexit… out of fashion in Somerset
04/05/2021
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.