Skip to main content
BoF Logo

The Business of Fashion

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

Industry Sees UK Fashion Under Threat, Survey Finds

Caroline Daur wears Anya Hindmarch 'Eyes' bag during London Fashion Week in 2017. Getty Images.

A quarter of British fashion companies have considered relocating all or part of their business, and nearly 60 percent see the country’s reputation as a fashion hub negatively impacted as a result of Brexit, according to a survey of about 200 industry stakeholders including designers, business leaders and creatives conducted in January and February by industry advocacy group Fashion Roundtable.

The findings underscored the challenges facing Britain’s fashion industry as it contends with the financial fallout of the pandemic, rising costs and complications related to Brexit and new legislation to end tax-free shopping for overseas visitors. Fashion Roundtable is pushing to move the interests of the industry up the UK’s policy agenda.

The country’s exit from the EU at the start of the year has already caused significant problems, including delays, customs complications and rising costs. The end of free trade and free movement with Europe are major concerns for fashion professionals, Fashion Roundtable’s survey found.

Fashion Roundtable called on the government to provide more support to the industry, putting forward 11 recommendations, including a change to visa requirements and salary thresholds for fashion creatives and garment workers; reinstating the tax-free shopping scheme and extending it to EU visitors; clearer, more robust intellectual property and design rights; subsidies or exemptions for moving equipment and samples around the EU; incentives for on-shoring business and manufacturing and financial support packages in keeping with fashion’s contributions to the economy.

In This Article

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

More from Workplace & Talent
Unearth dysfunction and identify ways to boost the workplace, careers and management.

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Carhartt WIP, Tory Burch and Casablanca Paris.


AI’s Big Bias Problem

Generative AI holds vast potential when it comes to streamlining HR tasks and eliminating manual work, but there are mounting worries about its tendency to magnify racial and gender biases.


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