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Latest Brexit news

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Economy set for worst year since financial crisisSubscription

15 October 2018 By

Brexit uncertainties and inflation are to blame for a forecast slowdown in the UK economy, which is reportedly on track for its worst year of growth since 2009.

Harrods front

Harrods profits jumpSubscription

1 October 2018 By

Profits and sales at luxury department store Harrods have jumped for the year to 3 February 2018, driven by growth in menswear, beauty and jewellery.

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Brexit deadline hits consumer confidence Subscription

28 September 2018 By

Consumer confidence dipped in September as the deadline for the UK’s departure from the European Union approaches.

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What retail can learn from Next’s no-deal Brexit planSubscription

26 September 2018 By Mattha Busby

Next is the first fashion retailer to make public the preparations it has made in the event of a no-deal Brexit.

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Countdown to chaos: retailers braced for no-deal BrexitSubscription

25 September 2018 By , Illustration by Lee Martin

Faced with the possibility of a no-deal departure from the European Union in six months’ time, British fashion businesses are scrambling to put contingency plans in place.

The industry has warned that the UK could face a shortage of staff

Migration report alarms fashion industrySubscription

21 September 2018 By

The fashion industry has warned that the sector could face staff shortages if a recommendation from a report to restrict the migration of workers comes into force.

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UKFT launches Brexit checklist Subscription

13 September 2018 By

The UK Fashion and Textiles Association (UKFT) has launched a checklist to help companies prepare for the various possible outcomes of the UK’s departure from the European Union.

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Manufacturing a new UK clothing industrySubscription

28 August 2018 By , Illustration by Jack Hudson

In the face of Theresa May’s apparent acceptance of the prospect of a “no-deal Brexit”, Drapers considers whether the UK could once again become a clothes-manufacturing powerhouse.

SuperGroup CEO Julian Dunkerton

Superdry co-founder donates £1m to People’s Vote campaignSubscription

20 August 2018 By

Superdry co-founder Julian Dunkerton has donated £1m to the People’s Vote campaign, which is demanding a fresh vote on the final Brexit deal.

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Liam Fox says odds on no-deal Brexit are 60-40Subscription

6 August 2018 By Kaisha Langton

International Trade Secretary Liam Fox has said “intransigence” from the European Union is pushing Britain towards a no-deal Brexit.

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BRC chief warns of 'no deal' BrexitSubscription

17 July 2018 By Tim Clark

The chief executive of the British Retail Consortium, Helen Dickinson, has warned of the risk of a “no deal” Brexit to UK retailers.

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‘Further clarity needed’ following Brexit white paperSubscription

12 July 2018 By

The retail industry has welcomed the proposed frictionless customs system outlined in the government’s Brexit white paper, but called for more clarity on the terms of the deal.

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Industry calls for free-trade Brexit deal Subscription

10 July 2018 By Tim Clark

UK fashion retailers and suppliers have voiced fears the industry could face rising costs and uncertainty if the UK is unable to secure a favourable free-trade agreement with the European Union.

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Brexit deal or no deal, protect your trademarks now Subscription

28 June 2018

Stephen Sidkin, partner at fashion law firm Fox Williams explains why brands should review their trademark portfolios now to ensure they are protected ahead of the UK leaving the European Union.

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Brexit 'no deal' to hike clothing pricesSubscription

28 June 2018 By Tim Clark

The cost of clothing and textile imports could rise by 7% if the UK fails to find a friction-less agreement from the Brexit negotiations the British Retail Consortium has said.

Closing down Sales

UK high street in danger of 'talent exodus' Subscription

25 June 2018 By

The UK is in danger of a fashion retail talent exodus, warn headhunters, as more professionals consider taking opportunities overseas.

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How immigration shapes UK fashionSubscription

14 June 2018 By

Immigration was one of the biggest factors in the Brexit vote. Yet British fashion retail would be much poorer without the people who came to settle here

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Businesses including Amazon and John Lewis outline Brexit fearsSubscription

3 April 2018 By

Retailers Amazon and John Lewis are amongst a number of businesses to have voiced concerns to the government about Britain’s departure from the European Union.

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Comment: BRC chief on countdown to Brexit Subscription

29 March 2018

As 29 March marks the one-year countdown to leaving the European Union, British Retail Consortium chief executive Helen Dickinson details the unresolved issues negotiators need to address to ensure a fair Brexit.

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BRC calls for Irish border clarity as Brexit transition agreedSubscription

19 March 2018 By

The British Retail Consortium (BRC) has highlighted the need for further clarity on future trading across the Irish border, as the UK and the EU agree terms on a Brexit transition period.

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Clock ticking on Brexit as retailers seek answersSubscription

11 March 2018 By Manfreda Cavazza

As prime minister Theresa May continues to negotiate the UK’s separation from the European Union in a year’s time on 11pm on 29 March 2019, Drapers brings you a snapshot of the knowns and unknowns, and where opportunities and challenges lie.

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May's Brexit speech a 'step in the right direction' for creative industries Subscription

5 March 2018 By

Prime minister Theresa May’s Brexit speech has been hailed as a ‘significant step in the right direction’ by the Creative Industries Federation but the trade body reiterated calls for further details on the movement of people, intellectual property rights and the free flow of data once Britain leaves the European Union.

English fine cottons

'Made in Manchester' is becoming a textiles realitySubscription

1 March 2018 By

British cotton is once again being spun in Manchester following a multimillion-pound investment in a new mill. Drapers explores the opportunities and challenges facing textile reshoring.

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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.

Glasgow high street

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. 

Garment manufacturer in Myanmar

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.

Ash Kumar

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.

Online shopping at Christmas

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.

Brexit flags for web

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.

Pringle index

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.