Theresa May

It's hotter than hell in the United Kingdom, where a deeply divided nation, and its fashion industry, will soon find out what new Prime Minister Boris Johnson means by a 'do or die' exit from the European Union, writes Tim Blanks.

Thursday's debate left Britain in Brexit gridlock. While no deal may yet be averted, fashion giants from Kering to Burberry have started planning for worst-case scenarios.

The British luxury brand said it would cost tens of millions of pounds in tariffs and severely disrupt its supply chain.

President Trump’s escalation of America’s trade war with China and a political rebellion against a ‘soft Brexit’ in the UK threaten serious damage to the global fashion business.

Both Brexit and Trump are a clear and present danger to the highly globalised fashion industry.

British prime minister Theresa May delivered her plan for a ‘truly global Britain’ but the impact of Brexit on the fashion industry remains far from clear.

"The prime minister will appear in the April edition of the magazine, after a secret Annie Leibovitz photo shoot at Chequers."

After six months of uncertainty, BoF examines the challenges facing fashion as the UK government carves out a Brexit strategy.

A formal working group of ministers from the two countries will meet as many as four times a year.

In today's political arena where image is vital, Anna Wintour is advising US presidential candidate Hillary Rodham Clinton on her wardrobe in her campaign against Donald Trump, BoF has learned.