Tag : Brexit
No-deal Brexit ‘disastrous’ for ChristmasSubscription
A no-deal Brexit would cause “supply chain chaos” for brands and retailers across the country, international delivery firm ParcelHero has warned, and there are fears it would come at the “worst possible” time for Christmas trading.
Christian Louboutin UK has reported a 4.8% decline in revenues to £50.2m for the year to 31 August 2018, blaming ongoing Brexit uncertainty.
Johnson or Hunt? The fashion industry's verdictSubscription
Conservative Party members will be choosing the next prime minister in the next three weeks. Drapers finds out whether Jeremy Hunt or Boris Johnson will be better for the fashion industry.
Businesses 'unprepared for no-deal Brexit'Subscription
Around 150,000 businesses do not have the paperwork in place that will allow them to continue exporting to the European Union in the event of a no-deal Brexit, Mark Carney, the governor of the Bank of England has warned.
Clothing sales hit five-year lowSubscription
Clothing and footwear sales suffered their biggest sales slump in five years last month, as unseasonably cold weather deterred shoppers from the high street.
The impact of a no-deal Brexit on retailers would be exacerbated by the October deadline for the negotiations, the British Retail Consortium (BRC) has warned.
British retailers unprepared for BrexitSubscription
Despite retail decision-makers expressing concern about Brexit, 57% are yet to implement a post-Brexit plan.
Industry outrage at Conservative Brexit chaosSubscription
The retail industry fears that prime minister Theresa May’s decision to step down as leader of the Conservative Party will cause “further disruption and political turmoil” for UK businesses, and has urged her successor to avoid a “catastrophic” no-deal Brexit.
Since the European Union referendum in June 2016 the number of international brands opening stores in London has increased by 17% compared with the preceding two years, new research has shown.
Turkey’s import impasseSubscription
The threat of a no-deal Brexit is leading UK companies to reconsider Turkey as a sourcing destination, but there is still a lack of certainty.