Posts tagged SME
Why boutique owner Amanda Slattery has called it quits after 18 years in the fashion sector

Amanda Slattery has been in the fashion business for 18 years, yet this year will mark her last year in bricks and mortar retail. During this time as a small business owner, Amanda has manoeuvred and endured her way through recessions, the rise of fast fashion, the ‘near’ death of the high street, a pandemic and Brexit.

What follows is a candid conversation about why Amanda is leaving the industry on her terms and what lies ahead.

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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.

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