Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

EU Retailers Face Brexit Headaches for UK Imports

Illustration by BoF

Some companies, such as Finnish outdoor retailer Scandinavia Outdoor, say they are suspending shipping to Great Britain following Brexit tax changes that came into force on January 1.

Changes in VAT rules mean the tax is now being collected at the point of sale for any goods under £135, rather than at the point of importation. That means companies sending goods to England, Scotland or Wales now have to register and file accounts with British tax authorities.

Elsewhere, some courier services, like FexEx-owned TNT, are imposing surcharges on packages sent between the EU and the UK to cover additional investments required to adjust their systems, reports the BBC.

Scandinavia Outdoor plans to reopen its store for UK-based customers “as soon as our UK VAT-registration and the overall process of selling to the UK post-Brexit has been sorted out,” the brand wrote on its website.

In This Article

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail
Chronicle the ‘Retail Apocalypse’ and emerging retail models, including DTC brands.

What a Fashion Company Is Worth Today

In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.


What’s the Plan at H&M?

The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional - How to Turn Data Into Meaningful Customer Connections
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional - How to Turn Data Into Meaningful Customer Connections