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July 7, 2022

Concerns over GBP88m UK apparel sector ‘pledge’ as Boris Johnson resigns

UK Prime Minister Boris Johnson has been forced to resign today (7 July 2022) and apparel skills trainer and manufacturer Fashion Enter Ltd tells Just Style exclusively there are concerns over the GBP88m (US$102.5m) he allegedly pledged to support the UK apparel sector.

By Laura Husband

Boris Johnson has announced his resignation after most of his cabinet stepped down within a 24-hour period due to a lack of trust in his leadership. He said in his official resignation statement that he will serve as Prime Minister until a successor is elected in the autumn, however he also stated it’s painful not to see through so many ideas and projects.

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Fashion Enter Ltd’s CEO Jenny Holloway tells Just Style exclusively she is concerned Johnson’s resignation could put his alleged pledge to help the UK apparel sector move towards a more sustainable and circular model into jeopardy.

She says: “Our immediate concern for the industry is what will happen to this funding as it was not officially signed off, and with all the new digital technology such as Kornit digital printers and the need for fast response now is the time to invest in making in the UK.”

Holloway explains Fashion Enter Ltd was excited about Johnson allegedly announcing a support package for the apparel industry because she felt it could help the organisation’s wool project with waste management company The Potter Group.

The wool project received a small amount of funding in March 2022 to review how Welsh wool can be used in commercial production and Fashion Enter Limited explains that two retailers are keen to use Welsh wool and in both woven and jersey format.

As part of the project Fashion Enter Limited formed an alliance with Fashion Roundtable and started to formulate coherent strategies to combine wool with other less traditional yarns to review recycling and upcycling.

Fashion Enter Ltd opened what it described as ‘the world’s most sustainable garment micro-factory’ in March and told Just Style at the time that creating apparel ‘from pixel to parcel’ in one location is the future of fashion and to survive, the industry needs to embrace it.

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Free Whitepaper
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What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.

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