The Impact of the Brexit on Apparel

The key challenge for the apparel industry following the Brexit vote is the cloud of uncertainty hanging over the economic conditions of both the UK and Europe. Fashion retailers are still waiting to see how the Brexit will effect them before price changes, but the cost of a weak British Pound will effect all retailers in the region. If Britian does end up leaving the EU, the prospect of custom duties and stricter controls between the UK and European countries creates concern for the fashion industry.          Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.