The APPG for Textiles and Fashion will join policy leaders, retailers, and academics to discuss how to navigate the changing retail environment. The retail sector experienced a harsh 2018, marked by closures, fall in spending and a shift to the online shopping space. Government, media and organisations were quick to respond, with the Housing, Communities and Local Governments Committee launching and concluding an inquiry into the High Streets and Town Centres in 2030.
Brexit and LFW never fail to surprise - last week the fuss was all about the new developments of fashion and in politics. Not so surprisingly, the week also brought more evidence of the troubling landscape in the retail sector, with John Lewis experiencing a drop in weekly fashion sales and Orla Kiely closing down stores in London and Ireland. On the other hand, online retailers are experiencing a boost of confidence, with Farfetch completing its IPO in the New York Stock Exchange and Boohoo experiencing a change in management with a new CEO.
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