Britain votes for Brexit – what happens next?
Britain's vote in favour of leaving the European Union (EU) after more than four decades marks the start of a very long process to unravel itself from the network of institutions and bureaucracy in Brussels.
The origin of the products on British shelves could change as retailers adjust their supply chains following the UK’s vote to leave the EU, new research has found.
Britain’s vote to leave the European Union (EU) will weigh more heavily on UK clothing retailers than their European counterparts, new research suggests, as they could find it hard to pass on cost increases resulting from the post-Brexit fall in the pound.
Revenue generated by exports to the UK from Mauritius will be down by around 10% this year following the Brexit vote, according to the country's Export Association (MEXA).
It is likely to be at least two years before the global apparel industry fully understands the implications of last month's vote by the UK to sever ties with the European Union (EU), according to a new survey carried out by just-style.
As the UK government prepares the ground for new post-Brexit free trade deals, Mike Flanagan will, over the coming months, be evaluating their potential impact on the garment industry. Here he begins by looking at the first proposed deals with Canada, Australia and New Zealand.
Brexit and its likely implications for UK manufacturing were a key talking point at this year's Fashion SVP event, held just days after the UK voted to withdraw from the European Union (EU).
Uncertainty around the future trade deals that the UK will have to negotiate once it formally decides to leave the European Union (EU) are likely to weigh on the country’s medium-term growth prospects, new research suggests.
US retail analysts have been weighing up the implications of last week's vote by the UK to exit the European Union (EU) on a sector already battered by slow sales.
Despite the UK’s decision to leave the European Union (EU), the bloc’s trade chief says talks on the Transatlantic Trade and Investment Partnership (TTIP) trade deal with the US are moving forward – with the aim to conclude during the current US presidential administration.
The UK’s Brexit vote to leave the European Union (EU) will ensure inflation returns to the country’s clothing and footwear sector, an analyst has said, with the sharp decline in the pound leading to increased import costs.
The apparel industry must accept Brexit is going to happen – and start planning now in order to try to minimise the damage, writes Mike Flanagan, in his latest assessment of the UK's vote to turn its back on the European Union (EU).
Brexit creates deep uncertainty over the fate of EU trade deals that are pending ratification, such as the deal with Canada, and those under discussion, such as the Transatlantic Trade and Investment Partnership, or TTIP, with the US.
Britain’s vote in favour of leaving the European Union (EU) after more than four decades marks the start of a very long process to unravel itself from the network of institutions and bureaucracy in Brussels.
Retailers need to prepare for a period of high volatility, is the message from analysts in the wake of Britain's vote to leave the European Union (EU), as businesses prepare to battle fragile consumer confidence and a prolonged period of political instability.
The UK yesterday (23 June) voted in favour of ‘Brexit,’ a decision that means the country will leave the European Union (EU) – well, soon. Mike Flanagan believes British apparel brands and retailers stand to gain a lot from post-Brexit trade negotiations, but only if they sharpen up their acts.
As the final day of campaigning ahead of the UK's vote on whether or not to remain a member of the European Union (EU) ramps up, retailers and brands have been voicing their opinions on how either decision could affect business.
The British will vote on 23 June whether to stay in the EU or not. By early March, opinion polls showed voters split about 50/50, with about a third still unsure. So far, neither side has been straightforward about the effects of leaving (known as a "Brexit") or staying. Here's how Mike Flanagan sees Brexit supporters' arguments affecting Britain's apparel industry.
Marks & Spencer CEO Marc Bolland, and Burberry CEO Christopher Bailey have joined a long list of apparel industry figures in voicing their opposition to Britain's exit from the European Union, which they believe will deter investment, threaten jobs and put the economy at risk.
A promised referendum on Britain’s continuing membership of the EU – and the possibility of a Brexit in two years’ time – would have massive implications for world apparel trade, according to Mike Flanagan.
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