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Latest Brexit news

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House of Fraser boss calls for Brexit clarity Subscription

30 January 2018 By

The chairman of House of Fraser owner Sanpower Group has called on Prime Minister Theresa May to give a “definite signal” about the kind of Brexit deal she wants.

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Fashion industry leaders' predictions for 2018Subscription

4 January 2018

With Brexit looming, consumer confidence dwindling, and retailers seeking new ways to offer the best experience for shoppers, Drapers speaks to fashion leaders across the industry to see what they predict for the year ahead.

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Six challenges fashion retail faces in 2018 Subscription

1 January 2018 By

We look ahead to the big issues likely to affect retailers and brands in 2018.

Window of opportunity: retailer is hunting for more sites in Europe

The fashion firms that changed hands in 2017Subscription

28 December 2017 By

As the fashion industry played a game of pass the parcel with some of its key businesses, Drapers looks back at some of the firms that changed hands in 2017. 

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Non-EU tariffs to soar under no-deal BrexitSubscription

26 December 2017 By

UK retailers will face higher tariffs and potential custom barriers from non-EU countries in the event of a no-deal Brexit, the British Retail Consortium has warned.

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BRC blasts government's Brexit retail reportSubscription

21 December 2017 By

The British Retail Consortium (BRC) has hit out at a government analysis of the retail sector for failing to assess the potential impact of Brexit.

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UK textile manufacturing enjoys boom in 2017Subscription

21 December 2017 By

Average production in the UK textile manufacturing industry was up 25% this year, despite looming economic uncertainty.

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Consumer confidence falls further in December Subscription

21 December 2017 By

Christmas has failed to bring shoppers festive cheer, as consumer confidence slipped one point to -13 in December.

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Native Youth takes a 'positive Manchester attitude'Subscription

13 December 2017 By , Photography by Christopher Nunn

Ash Kumar’s Native Youth was named Young Fashion Brand of the Year at the Drapers Awards last month. He explains how the “Manchester-born-and-bred” brand has become a bestseller.

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Cross-border trade to rocket over ChristmasSubscription

11 December 2017 By

Cross-border trade in the UK is expected to increase by 57% this Christmas to £1.4m in retail sales, new research has revealed.

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BRC calls for tariff-free trade following Brexit divorce dealSubscription

8 December 2017 By

The British Retail Consortium has urged Brexit negotiators to maintain tariff-free trade between the UK and the rest of the EU following a breakthrough report published on 8 December.

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Brexit: ‘huge disruption’ without new customs systemSubscription

14 November 2017

Leaving the European single market in March 2019 would be “catastrophic” if a viable customs system isn’t ready in time, a parliamentary select committee has warned.

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Why fashion needs an orderly BrexitSubscription

6 November 2017 By

As the UK government attempts to secure a transitional deal to ease our exit from the European Union, we explore how this could benefit the fashion and textiles industry.

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Greenwoods suppliers owed £3.2mSubscription

3 November 2017

Greenwoods suppliers are owed a total of £3.2m after the Yorkshire-based menswear retailer went into administration in September, its administrators report has revealed.

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BRC calls for Budget action amidst interest rates hikeSubscription

2 November 2017

The British Retail Consortium has warned that consumer spending will slow further unless the government prioritises shoppers in the autumn Budget.

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Pringle of Scotland records ongoing lossesSubscription

2 November 2017

Pringle of Scotland made a £4.9m pre-tax loss in the year ended 28 January 2017 as it continues to struggle to turn a profit.

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Sales up at Oasis and Coast Subscription

2 November 2017 By

Oasis has revealed a jump in annual profits and online sales, as group stablemate Coast successfully completed the final stage of its three-year turnaround plan.

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Overseas shoppers to boost Black Friday salesSubscription

1 November 2017 By

A total of 24% of UK Black Friday sales in 2017 will be driven by shoppers overseas, a new report suggests.

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Shop price deflation remains at four-year lowSubscription

1 November 2017 By

Prices decreased at the same annual rate in October as in September, the British Retail Consortium (BRC) has revealed.

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Amazon sales rocketSubscription

27 October 2017 By

Amazon’s sales grew by 34% year on year to $43.7bn (£33bn) in the third quarter, as it reported turnover from physical stores for the first time.

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Record reduction in retail employmentSubscription

26 October 2017 By

Hours worked in retail in the third quarter fell by 4.2% year on year, a British Retail Consortium survey has revealed.

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Indies call for business rates freeze as hike looms Subscription

24 October 2017 By

Independent fashion retailers across England have called on the government to freeze business rates, as they brace for another predicted rise in April.

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Laurèl 'back on track' following insolvency exitSubscription

24 October 2017 By

German womenswear brand Laurèl is “back on track” following its exit from insolvency in September, CEO Dirk Reichert has said. 

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Realbuzz to open 30 UK sportswear storesSubscription

23 October 2017 By

Sportswear retailer Realbuzz has unveiled plans to open 30 stores in the UK over the next two years, before setting its sights on international expansion.

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Business groups demand urgent Brexit agreement Subscription

23 October 2017 By

The Government has been urged to secure a transition out of the European Union that is ‘as close as possible to the status quo’ by five leading business lobbying groups.

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September fashion sales defy retail declineSubscription

20 October 2017 By

Clothing sales edged up by 0.9% in September compared with August as retail sales suffered a 0.8% dip, figures from the Office for National Statistics (ONS).

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UK fashion sales back in the blackSubscription

20 October 2017 By

The British fashion market is back in growth after 14 months of decline, according to new figures.

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Threat of Brexit creative talent exodus looms Subscription

19 October 2017 By

Talented creative workers will leave the UK fashion industry as a result of Brexit unless new visa rules are introduced, the Creative Industries Federation has warned.

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Wolford announces further redundanciesSubscription

18 October 2017 By

Austrian hosiery brand Wolford has cut 15 more staff positions at its headquarters in Bregenz as part of wider cost reduction measures.

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BRC calls for business rates freeze as inflation hitsSubscription

17 October 2017 By

The chief executive of the British Retail Consortium (BRC) has called for business rates to be frozen as UK inflation hits a five-year high.

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Reluctant retailers rein in Black Friday discountsSubscription

17 October 2017 By Drapers Reporters

UK retailers are likely to rein in the Black Friday discounts they offer this year as they try to claw back margin in the face of tough trading. 

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UK retailers to lag behind EU next yearSubscription

16 October 2017 By

UK retailers’ earnings growth potential will be lower than that of their continental peers in 2018 in the wake of Brexit uncertainty, according to Moody’s.

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September footfall downSubscription

16 October 2017 By

Footfall in September decreased by 1.2% compared to 2016, according to the British Retail Consortium (BRC).

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Industry hits out at Brexit workforce flightSubscription

11 October 2017 By Drapers Reporters

Retailers and manufacturers have criticised the lack of certainty surrounding Brexit, which has resulted in some European Union workers leaving the UK, causing a skills gap and workforce shortage.

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Autumn weather gives indies a boostSubscription

9 October 2017

Independents across the UK have reported a surge in outwear sales thanks to chilly autumn weather.

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Brexit workforce shortages to hit consumersSubscription

9 October 2017 By

Brexit uncertainty is driving up prices as more retailers seek to deal with rising labour costs and a worker exodus, the British Retail Consortium (BRC) has warned in a new report.

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Walpole CEO's tactics for building the Brands of TomorrowSubscription

4 October 2017 By

As Walpole’s initiative Brands of Tomorrow turns 10, CEO Helen Brocklebank, reveals her tips for luxury brand success.

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Fashion prices ‘on the edge’ of increasing, warns BRCSubscription

4 October 2017 By

Shop prices are on the verge of increasing, the British Retail Consortium has said.

Discounting on the high street by Alan Cleaver

Retailers caught in ‘discounting epidemic’ in run-up to ‘tough’ ChristmasSubscription

3 October 2017 By

High street retailers across the UK are offering deep mid-season discounts for a second year running in anticipation of another difficult Christmas trading season.

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Hard Brexit to cost UK manufacturers £17bnSubscription

2 October 2017 By

Manufacturers throughout the UK will be hit by a £17bn fall in revenue following a hard Brexit, a new report has found.

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Talking point

Simon Berwin's Brexit warningSubscription

2 June 2017 By Simon Berwin

Berwin & Berwin managing director Simon Berwin on the changing face of supply, the importance of loyalty and partnerships and the impact of Brexit

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