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Our Economics Correspondent @HeliaEbrahimi explains how no-deal Brexit preparations are impacting the UK economy.
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.
Cult sustainable labels like Fruity Booty are up against insane levels of paperwork and shipping delays.
It is more than a month since the UK's new trading relationship with the European Union (EU) came into being but the transition has been far from easy for some businesses. From being told to set up operations in Europe, having goods stuck in port and facing increased costs to clear the border, three North East firms reveal the reality of adapting to the new rules.
Fears of new disruption to fresh produce supply from EU when import controls hit in October.
Exports to EU halt due to border delays and paperwork.
Brexit uncertainty affected a large proportion of UK textile and apparel firms, both upstream and downstream—over 60 per cent of firms in both manufacturers and lead firms’ groups, according to researchers from the London School of Economics (LSE).
The UK’s official departure from the EU took place on January 1, 2021. The Brexit roll-out, not unexpectedly, has been awash with problems.
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.
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.
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.
The European Union is demanding £2.5bn in compensation from Britain for failing to apply customs rules to Chinese imports.
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.
...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.
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.
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.
Kidswear independents across the UK are receiving unexpected bills for import VAT and customs declarations, as post-Brexit trading rules bite.
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.
Fashion industry leaders want the UK to be able to continue to recruit and trade freely with Europe.
British luxury retailer Matchesfashion has been hit hard by COVID-19 and Brexit, its Companies House filings revealed.
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.
Childrenswear and maternity retailer says it plans to increase price of clothing and toys by up to 5% this summer.
Four out of ten Brits are stockpiling items including food, medicine and clothes in preparation for the growing prospect of the United Kingdom leaving the European Union without a Brexit deal later this year.
A company specialising in children’s sports clothing has relocated to avoid the costs and bureaucracy caused by leaving the EU.
With inflation set to rise, alongside the cost of shopping and transport, the economic fallout will squeeze Britons’ budgets.