Last year the UK fashion sector outpaced the rest of the economy, contributing over £28bn to the UK economy. It has a critical role is supporting the UK now and through Brexit.
The global fashion industry is worth around $3 trillion, accounting for 2% of global GDP.
Will the fact that the UK is at the very heart of the international fashion industry help us better weather Brexit?
In recent weeks London has played host to hundreds of domestic and international designers, as part of London Fashion Week.
British fashion is like no other which is why this bi-annual event attracts the biggest talents, brands and buyers from all over the world.
The UK’s fashion scene has an individuality and energy that sets it apart from the rest and translates cutting-edge British creativity into a dynamic global industry.
From Seraphine to Phase 8, Thomas Pink to French connection, British brands are among the most coveted and revered, making the fashion industry one of the UK’s most compelling exporting success stories.
As we prepare to trigger Article 50 and build a new relationship with the European Union, the sector needs to build on this momentum of growth, so that British fashion brands become even more important ambassadors for everything else that the UK has to offer.
And it need not be a one-way relationship.
With fashion schools like Central Saint Martins and London College of fashion regularly topping global rankings, the UK is a powerful draw for ambitious young designers from around the word to come here to learn their craft and start their professional careers.
Brexit minister Robin Walker. “As we enter EU negotiations, the government should continue to engage with the fashion industry and the rest of the creative sector to ensure we get the very best deal that works for all of the UK. The UK is home to exceptional creative talent and we are determined to foster it.”