Posts tagged Brexit: The Impact on the Fashion Industry
Brexit: The Plethora of Issues Plaguing Britain’s SMEs

Small businesses have faced myriad issues since Brexit — from shipping delays, to a dramatic rise in shipping costs and mountainous paperwork. A key issue is that any goods now entering the EU must satisfy rules of origin requirements. This problem is pertinent to the fashion and textiles industry, as goods incorporate inputs from multiple origins. These issues and costs alike have meant that many small businesses are now considering setting up distributing centres in the EU, at the cost of UK jobs and loss of taxes to our economy, which is entirely averse to Brexit’s goal.

Read More