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Business leaders have called on the government to offer an “iron-clad guarantee” that the UK will not leave the European Union without a deal, following a weekend of further delays to the Brexit process.
Retail heavyweight and former Remain campaigner Lord Rose has urged MPs to vote in favour of the Brexit deal struck by prime minister Boris Johnson and the European Union yesterday.
The National Audit Office (NAO) has today warned that a large number of traders and businesses will not be ready for new customs and regulatory controls enforced under a no-deal Brexit.
As the Brexit deadline looms, retailers and suppliers have expressed concern about distribution disruption ahead of peak trading, as a result of customs checks and new tariffs if a deal with the European Union cannot be struck.
A hard Brexit could be “catastrophic” for the fashion industry, writes Cécile Reinaud, founder and president of maternitywear brand Seraphine.
As Brexit leaves a question mark over European funding for universities and young fashion businesses, Drapers asks how the landscape is changing and what the shift means for upcoming talent in the industry.
UK retail sales growth has experienced an all-time low for September, as ongoing Brexit uncertainty has a “material impact on the consumer psyche”, new research has shown.
The H&M group has cautioned that prices may rise and products be delayed into the UK as a result of Brexit, but investment and growth in the country remains undeterred.
The British Retail Consortium (BRC) has pushed back on Michael Gove’s claim that the retail sector is “ready” for a no-deal departure from the European Union.
Brexit was the hot topic for discussion once again at Milan footwear trade show Micam this season. Drapers speaks to UK brands about their concerns.
Yet again we find ourselves in the strange position of celebrating London as an international stage for British design talent, less than two months before the UK leaves the European Union.
Fashion retailers and suppliers have warned that the government’s Yellowhammer document on the consequences of a no-deal Brexit could become “a self-fulfilling prophecy” by heightening anxiety and pushing people to stockpile.
The UK government has published a new document outlining its “worst case planning assumptions” should we leave the European Union without a deal next month.
The British Fashion Council (BFC) is urging the government to avoid a no-deal Brexit, claiming it would have a “negative impact” on the industry.
British consumers could be hit by an 11.5% increase in prices for clothing made in Europe, if the UK leaves the European Union without a trade deal.
Retailers fear further depreciation of sterling and disruption of deliveries in the run-up to the all-important Christmas trading period, if the UK leaves the European Union without a deal on 31 October.
Chinese tourists visiting the UK could spend an extra £375 per visit if the value of sterling falls further, new research indicates.
Consumer confidence crept up in July as some of the concerns about the country’s economic situation eased. However, the overall confidence score remains firmly negative.
The Greater Birmingham Chambers of Commerce (GBCC) and property services firm Colliers International have called for new prime minister Boris Johnson to make tackling the business rates “crisis” a top priority.
The UK fashion industry has questioned new prime minister Boris Johnson’s support for British businesses and raised concerns over the strong possibility of a no-deal Brexit.
A no-deal Brexit would cause “supply chain chaos” for brands and retailers across the country, international delivery firm ParcelHero has warned, and there are fears it would come at the “worst possible” time for Christmas trading.
Total UK retail sales fell by 1.3% in June, marking the worst 12-month average since records began in December 1995.
Around 150,000 businesses do not have the paperwork in place that will allow them to continue exporting to the European Union in the event of a no-deal Brexit, Mark Carney, the governor of the Bank of England has warned.
The impact of a no-deal Brexit on retailers would be exacerbated by the October deadline for the negotiations, the British Retail Consortium (BRC) has warned.
Despite retail decision-makers expressing concern about Brexit, 57% are yet to implement a post-Brexit plan.
African fashion sourcing consultant and founder of the social enterprise Africa Fashion Guide, Jacqueline Shaw, discusses the Brexit effect and how a UK alliance with Africa could positively affect the fashion industry.
Uncertainty over Brexit will cut the growth of the UK economy for the rest of 2019, according to one forecaster.
Retailers must take control to survive a perpetually postponed Brexit, says Mary Anderson-Ford, managing director of merchandising recruitment specialist Aqua Retail.
Concerns over Brexit among chief financial officers have reached the highest level since the European Union referendum in 2016, new research has found.
The threat of a no-deal Brexit is leading UK companies to reconsider Turkey as a sourcing destination, but there is still a lack of certainty.
Retailers have told Drapers they are facing a “perfect storm” of cost rises, a record number of store closures, slumping sales and continued Brexit uncertainty.
Business confidence has crashed to its lowest level since September 2012, amid continued Brexit uncertainty, a new report has shown.
Clothing sales survived an overall slump in March, thanks to Mothers’ Day, as Brexit uncertainty continues to negatively affect spending.
The government must compromise to deliver Brexit and give retailers much-needed clarity, says Mat Morris, external affairs adviser on Brexit for the British Retail Consortium (BRC).
Planning for Brexit is like to trying to pack for a holiday with no idea of where you’re going, the method of travel or even what factor of sunscreen you’ll need.
MPs have failed to support any alternative to Theresa May’s rejected Brexit deal in a series of indicative votes last night.
Irish independents have told Drapers business is “booming” again in Dublin, as the weather warms up and companies move their European Union bases from the UK to the city ahead of Brexit.
Prime minister Theresa May’s Brexit deal has been thrown out by MPs for a third time, creating further political uncertainty for UK businesses.
Consumer confidence in the UK stayed at the same level in March, despite “political chaos” and Brexit uncertainty.
Over the past two years and nine months, since the UK voted to leave the European Union, the fashion industry has been doing what it can to prepare for an unknown future.
As the reality of a no-deal Brexit nears, retailers face increased costs as a result of import tariffs on clothing and weaker sterling. The question is: who pays?