Fashionunited

Next CEO: No-deal Brexit would only cause ‘mild disruption’

Next CEO Lord Simon Wolfson has said a no-deal Brexit would only cause "mild disruption" despite previously warning that the situation would bring about "chaos and disorder". Speaking with the BBC T
Report

Over half of British retailers have no Brexit plans

Despite three years passing since the EU referendum, over half (57 percent) of British retailers still have no plans in place for Brexit, according to a survey of 200 British retail decision-makers b
Management

Prime Minister Theresa May steps down, as U.K. Brexit uncertainty remains

British Prime Minister Theresa May announced her resignation on Friday following stagnated Brexit advancements and her inability to convince MPs to back her deal. A second referendum was one of the n
People

What does a hard Brexit mean for fashion companies?

For more than two years, Brexit has been a daily hot topic in the news. Ever since the UK’s ‘leave’ vote on 23 June 2016, no other topic has dominated European politics quite like B
Report

UK businesses 'exasperated' by Brexit uncertainty

UK businesses have urged MPs to provide clarity over their future trading arrangements following Parliament’s rejection of PM Theresa May’s EU withdrawal plan on Tuesday. In a statement
Report

British luxury sector could lose 6.8 billion pounds from no-deal Brexit

The British luxury sector could lose up to 6.8 billion pounds worth of exports a year as a result of a no-deal Brexit, new research reveals. Data from the international consultancy firm Frontier Econ
Management

Over half of Brits say Brexit won't affect spending habits

As much as 60 percent of British consumers say that Brexit has not and will not affect their spending this year, according to new research by PwC. In a survey of over 2,000 consumers, figures show th
Report

London Fashion Week marches on, despite Brexit cracks

London - It is always reassuring to see Anna Wintour on the front row at London fashion week. Irregular attendance from the grande dame of fashion publishing gets negative tongues wagging when she i
Fashion

Pure London: Designer Katharine Hamnett blasts ethics of fast-fashion brands and UK government

London - Never one to shy away from voicing her opinion, Katharine Hamnett took to the main stage of Pure London on Sunday evening to give a passionate speech about the state of the fashion industry,
Fairs

Nearly a third of UK firms considering move abroad due to Brexit

Nearly a third of British firms are considering moving their businesses abroad because of Brexit, according to a new report. A study of 1,200 company directors by the Institute of Directors revealed
Management

Sales flat in January as retailers stockpile for no-deal Brexit

Retail sales stabilised in the year to January, remaining well below average for the time of year, but are expected to grow in february, according to new data from the CBI Distributive Trades Survey.
Management

No deal Brexit could cost Burberry millions of pounds

On the surface the latest quarterly results issued by Burberry were positive, with a one percent rise in comparable store sales. But these figures are not likely to keep Burberry's investors from Bre
Retail

Business leaders criticise Theresa May's Brexit 'Plan B'

British business leaders have criticised the ‘Plan B’ speech that Theresa May gave in parliament, saying that it offers nothing new to her Brexit deal, and does little to break the parlia
Management

Fashion in the news: Brexit, industry challenges & fashion week stress

Every Friday, FashionUnited selects the most interesting reads about the fashion industry published across US and international news outlets. Here’s what you may have missed this week: What&rsq
Fashion

No deal Brexit could spell disaster for British fashion industry

It was to be the plans of all plans, with Prime Minister Theresa May to lay out the withdrawal agreement for the UK to leave the EU. The terms of which spelled out the future relationship for both ci
Business

UK economic growth hits six-month low

Growth in the UK economy has slowed in the three months to November to its weakest pace in six months. The economy grew by 0.3 percent in this period, down from 0.4 percent in the three months to Oct
Report

Leading firms 'watching in horror' over no-deal Brexit plans

With just 100 days until the UK is set to leave the EU, and with the future of Theresa May’s deal looking as uncertain as ever, five leading business groups have voiced their concerns about a n
Management

Video: Brexit Explained: Inside a Disunited Kingdom

Two and a half years after Britain’s referendum on whether to leave the European Union, the country remains divided. We met with voters on both sides of the debate — those who voted to le
Video

Richard Branson: UK will be 'near bankrupt' after Brexit

British business magnate and founder of Virgin Group, Sir Richard Branson, has said that a hard Brexit would be disastrous for the UK and would force many british business to close, leaving the count
Management

British fashion firm Joules readies up for Brexit with European logistics centre

New York – British fashion retailer Joules Group is taking measures to mitigate the impact of the UK leaving the European Union. Amongst Joules’ Brexit plan there is the opening of an EU-
ANALYSIS
Management

'Season of uncertainty': UK consumer confidence drops to lowest point of the year

It looks like growing uncertainty about the UK leaving the EU in March continues to affect UK retail. UK consumer confidence dropped to its lowest point of the year in November, falling three points
Management

More than a third of UK retailers 'under-prepared' for a hard Brexit

As 29 March fast approaches, and the UK prepares itself - as well as it can - to leave the European Union, new research shows that more than a third of UK retailers aren’t fully prepared for th
Management

UK consumer confidence continues to drop in build up to Christmas

UK consumer confidence continues to drop in October as a one point fall in the Consumer Confidence Index leads to a 3-month low of -10, according to a survey by GfK. The index shows that concern over
Management

Brexit timeline: How the UK referendum result has affected the fashion industry

It’s hard to believe that the Brexit referendum, which took place way back on 23 June, 2016, has been a staple topic for rowdy pub chats and friendship-ending Facebook statuses for over two yea
Management

Walpole appeals to Brexit ministers on behalf of British luxury companies

Walpole, the official sector body for UK luxury, has made a statement to the media ahead of the Brexit cabinet meeting today. Walpole hopes the vocal support from its members presents an opportunity
Retail

UK fashion industry urges single market to be maintained in “Brexit Manifesto”

Fashion Roundtable, the non-profit organisation that represents the interests of the fashion industry towards politics in the UK and EU, has published a “Brexit Manifesto”. Based on a sur
Fashion

Brexit 2019: A long road ahead

It has been nearly two years since the UK notoriously voted to leave the European Union. With just one year to go until formal separation, 29 March 2019 seems imminent, yet the road to Brexit remains
Management

BRC: “Shoppers to lose out if UK does not adopt EU global trade deals”

The British Retail Consortium has released new evidence that highlights the importance to UK consumers of maintaining the benefits of trade deals that the EU has negotiated with other countries, espe
Management

International shoppers likely be undeterred by Brexit

London - Although Brexit maybe weighing heavy on UK brands and retailers across the nation, new research indicates that international shoppers are unlikely to be deterred by the UK's exit from the Eu
Management

UK fashion prices increase in July

London - Apparel and footwear prices in the UK increased last month according to new data from the Office for National Statistics (ONS). Clothing prices grew 0.9 percent in July compared to June, as
Report