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BREXIT

As Brexit continues to dominate the fashion retail landscape, discover the latest news concerning Britain’s exit from the EU and any future trade deals, and how Brexit will impact retailers, brands and suppliers alike.

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Brexit talks fuel uncertainty in industrySubscription

3 March 2020 By

Fashion and footwear retailers have voiced concerns after the government warned it would pull out of trade talks with the European Union if a “broad outline” of a deal was not reached by June.

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Manufacturers slam new immigration system Subscription

19 February 2020 By

The British manufacturing industry has slammed the government’s new immigration system, saying it disregards the sector and will be “disastrous” at a time when retailers are showing an increased interest in UK production. 

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Post-Brexit border checks 'inevitable' Subscription

11 February 2020 By

The government has confirmed that import controls on goods from the European Union will begin after the Brexit “transition period” ends on 31 December 2020.

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Frugi opens Netherlands warehouse post-BrexitSubscription

7 February 2020 By

Ethical kidswear brand Frugi is opening a new warehouse in the Netherlands on 14 February, in preparation for anticipated Brexit regulations.

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Editor’s Comment: The hard work of Brexit is just beginningSubscription

7 February 2020 By

I listened to the celebratory Brexit fireworks last weekend with a growing sense of unease. It might be the end of three and a half years of political stalemate, but it is also the beginning of a new era of uncertainty.  

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Tariffs would be ‘catastrophic’ for the fashion industrySubscription

4 February 2020 By

Industry sources this week told Drapers that prime minister Boris Johnson must make zero-tariff trade the “number one priority” after Brexit. 

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Looking for manufacturing's Brexit boostSubscription

31 January 2020 By

As the UK leaves the European Union, Drapers examines the potential opportunities for UK manufacturing

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BRC calls for zero-tariff Brexit trade dealSubscription

31 January 2020 By

Ahead of the UK’s departure from the EU at 11pm this evening, the British Retail Consortium has called for a trade deal that “puts the customer first”. 

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BRC urges speed on new immigration rulesSubscription

29 January 2020 By

The British Retail Consortium (BRC) has called for the government to “not delay” publishing the UK’s new immigration system to avoid disruption for businesses and consumers.

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Skills shortage fears over post-Brexit immigrationSubscription

28 January 2020 By

UK manufacturers and suppliers have expressed alarm about the uncertainty created by government plans for a new post-Brexit immigration regime and the possibility of a skills shortage.

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Editor’s Comment: A roll of the dice for Jacket RequiredSubscription

28 January 2020 By

Trade shows are notoriously cyclical, and last week I attended a much-changed edition of menswear show Jacket Required. 

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Industry seeks role in shaping post-Brexit immigration Subscription

24 January 2020 By

Business groups have joined together to demand a role in shaping the UK’s immigration system post-Brexit.

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Fashion retail's top five challenges for 2020Subscription

31 December 2019 By

Drapers looks ahead to the big issues that are likely to affect retailers and brands in 2020 and how to combat them.

Boris Johnson general election 2019: taken from Conservative party website

Industry welcomes ‘certainty’ of election outcomeSubscription

13 December 2019 By ,

The industry has welcomed the “certainty” of a majority Conservative government. 

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Conservatives win landslide electionSubscription

13 December 2019 By

Boris Johnson won last night’s election with 43.6% of UK votes.

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Fears for SME retailers as banks cut lendingSubscription

3 December 2019 By

Bank lending to small and medium-sized retailers has fallen by 6% since the 2016 Brexit vote, while large retailers have benefitted from a 20% increase in lending.

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Election heaps more uncertainty on industrySubscription

27 November 2019 By Hywel Roberts

Fashion and footwear business leaders have voiced growing concerns about the impact the general election and uncertainty over the next steps for Brexit will have on consumer confidence in the run-up to Christmas.

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Retailers call for support as redundancies rocketSubscription

20 November 2019 By

The industry is calling for government support as scores of retailers across the UK cut head office roles in a bid to reduce costs and combat tough trading conditions.  

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Conservatives pledge business rates reliefSubscription

18 November 2019 By

The Conservative party has promised to reduce the “overall burden” of business rates at its first budget review, if they win the upcoming election next month.

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Brexit biggest challenge for fashion SMEs Subscription

15 November 2019 By

Nearly half (45%) of small and medium-sized fashion enterprises (SMEs) feel unprepared for Brexit, and have cited it is as one of their biggest challenges for the year ahead. 

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Retail recruitment 'lull' amid Christmas trade fearsSubscription

14 November 2019 By

Retailers are holding off recruiting new talent as a result of Christmas trade fears and Brexit uncertainty, headhunters have told Drapers.

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Optimism of UK businesses hits seven-year lowSubscription

12 November 2019 By

The optimism of UK businesses reached its lowest level since 2012 last month, falling by 0.67 points to 95.59.

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Retailers brace for ‘critical’ Christmas Subscription

8 November 2019 By

Despite a 3.7% uplift in total like-for-like sales in October, retailers face additional obstacles this Christmas, including on-going political and economic sagas.

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Retail insolvencies hit five-year highSubscription

1 November 2019 By

More than 1,200 retail businesses entered insolvency in the last year – the highest number in five years.

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Brexit 'black cloud' hits consumer confidenceSubscription

31 October 2019 By

Consumer confidence fell again in October as “the big black Brexit cloud refuses to shift”. 

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Fashion industry looks to election for 'some certainty'Subscription

29 October 2019 By ,

Fashion industry sources hope a snap general election would create “some certainty for UK businesses”, as ongoing political manoeuvring delays Brexit and continues to distract from wider market concerns.

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Retail stockpiling hits 36-year high at ‘crucial’ timeSubscription

29 October 2019 By

In October, retailers’ stock levels compared with expected sales were at their highest point since 1983, as businesses continue to prepare for Brexit and the Christmas trading period, the Confederation of British Industry’s (CBI) latest Distributive Trends Survey shows.

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Survival strategies for Brexit chaosSubscription

25 October 2019 By Drapers Reporters

The second Brexit deadline has come and gone and there are no concrete plans for the next stage of the process. How is the UK fashion retail industry coping with the effect of prolonged uncertainty on business?

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Boris Johnson calls for December general electionSubscription

25 October 2019 By

Prime minister Boris Johnson said he will give MPs more time to debate his Brexit deal if they agree to a 12 December general election.

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Editor’s Comment: Brexit exposed fatal flaws at BonmarchéSubscription

22 October 2019 By

Much like the weather, Brexit has become a somewhat convenient excuse for struggling retailers to explain away weak sales. But in the case of Bonmarché, it was the final nail in the coffin.

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Brexit delay 'worst outcome' for retail Subscription

22 October 2019 By

Retail leaders have called for a quick resolution to Brexit, as continued uncertainty is “extending the agony” ahead of the crucial peak trading period.

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Business leaders seek Brexit deal guarantee Subscription

21 October 2019 By

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.

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Lord Rose backs Brexit dealSubscription

18 October 2019 By

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.

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Businesses not prepared for no-deal, says spending watchdogSubscription

16 October 2019 By

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. 

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Brexit supply threat ahead of peak tradingSubscription

15 October 2019 By

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.

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'Boris says "do or die" – I say UK will be a dead man walking'Subscription

14 October 2019

A hard Brexit could be “catastrophic” for the fashion industry, writes Cécile Reinaud, founder and president of maternitywear brand Seraphine.

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Fashion's post-Brexit funding conundrum Subscription

9 October 2019 By

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.

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Brexit fears fuel worst-ever September Subscription

7 October 2019 By

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. 

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H&M boss cautions on Brexit ‘risks’Subscription

4 October 2019 By

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.

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BRC rejects claim retail is ready for no-deal BrexitSubscription

26 September 2019 By

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.