Despite a downturn in monthly volumes in April, fashion and textiles exports have risen to record levels on the annual figure to April 2016 showing how global demand continues unabated despite economic uncertainty. On the monthly scale, exports declined in April as they did a year previously to stand at £850m, down from £907m in … More Annual UK fashion and textiles exports reach record levels
March’s export figures for selected fashion and textiles goods show an additional £38m was exported in the month with a value of £907m. This represents the third successive increase in the value of exports although slightly below the £916m exported in March 2015. All four product groups saw increases in the month with clothing standing … More Exports up in March but values fall back slighty on annual measure
Having gained a lot of insight from the fantastic event last year, it was a pleasure to once again to attend Meet the Manufacture. The strong conference and workshop line-up was very thought provoking with a large number of topics and subjects concerning UK fashion and textiles manufacturing covered. In many ways, it felt as … More High hopes for the future at Meet the Manufacturer
The latest news from the Chinese economy in April have reported weak consumer demand. Imports into China fell 1.8% from a year earlier as analysts fear any indications of recovery may be short lived following strong export figures recorded in March. What does this mean for UK exports of fashion and textiles goods to China? … More Has the Chinese slowdown impacted UK fashion exports?
The latest figures on Scottish clothing, textiles and leather production paint a picture of production rebounding during 2015 following difficult 2012 and 2014. Whilst the final quarter of 2015 saw production fall 1.2% on the previous quarter, this is a traditional pattern and far less severe than the falls recorded in 2012 and 2014. Indeed, … More Optimistic picture painted for the Scottish textiles sector in latest data release
Following a good start to the new year with strong figures reported in January, the latest monthly figures released by the Office for National Statistics on Friday reported a fall in overall UK manufacuring output falling by 1.1% during February 2016. At the same time, the trade deficit also widened with a 1.3% fall in … More Mixed messages for fashion and textiles manufacturers in February
BRICS (Brazil, Russia, India, China and since 2010 South Africa) is the collective name coined for the five major emerging economies of the world. With impressive growth rates and a growing middle class, these economies have represented major opportunities for UK fashion and textiles firms and brands looking for new markets in recent years. However … More Exporting to the BRICS: A review of fashion and textiles market performance in 2015
As we have seen, 2015 saw fashion and textiles exports from the UK reach over £10bn in value for the first time. However, as we have seen with products, the picture is also mixed amongst global regions that all point to different trajectories of growth. The European market remains the largest for UK exporters, with … More Asian and North America markets fire up UK fashion and textiles exports in 2015
The latest figures from HMRC indicate that fashion exports from the UK broke through the £10bn barrier for the first time in 2015 as the overseas appetite for UK fashion and textiles goods continued unabated. The current figures represent a £2bn increase in export values since 2011 as the desirability of UK fashion and textiles … More UK fashion exports break through the £10bn mark in 2015
The 2015 orders and turnover data produced by the ONS show how the various components of the manufacturing sector performed during 2015 but also give clues on strategies adopted by manufacturers. As the data shows, turnover levels across the industry were slightly down due to the continuing retreat of textile manufacturing turnover to stand at … More How are fashion and textiles firms strategising growth?