Assay Advisory's Fashion and Brexit Algorithm In A Nutshell.
We asked Dan Farraway at Assay Advisory, who created their Brexit analysis as an overview analysis of the entire UK fashion industry for Fashion Roundtable. He had created a Brexit algorithm which we asked him to apply to our sector and present at our last roundtable. The fashion data here is easy to read and we believe highlight our key concerns for a hard Brexit: meaning the UK is out of the customs union and single market.
In a nutshell, if the UK goes to a hard Brexit, Assay's analysis estimates that the UK fashion industry will be reduced by 35%, whereas with a super-soft Brexit, fashion could contribute a further 25% to the UK GDP.
Assay Advisory and Fashion Roundtable offer a bespoke service for businesses, if you would like more drilling down into the details for your business. If you would like to know more, email: admin@fashionroundtable.co.uk For more information on what Assay Advisory offer, please go to: http://assayadvisory.com