It was a pleasure to attend the ASCBI conference last Tuesday on the topic of “The reality of UK manufacturing: is it a sustainable option?” With a variety of speakers covering different aspects of the industry (many of whom offered a very personal and fascinating perspective), the consensus was one where businesses were once again … More Challenges ahead but things looking good for UK fashion and textiles manufacturing – A review of ASCBI spring conference
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
September’s trade figures for textile and apparel products from the UKTI confirmed the wider economic picture of a widening trade gap although monthly apparel exports hit record levels. The annual trade gap stood at £14.9bn for the month, slightly down on August’s peak and a long way off December 2013’s figure of £13.9bn as amongst … More Record September exports of apparel although fashion trade gap persists
The 18th November saw Euratex host its 4th annual convention in Milan. The conferences emphasis was on sustainable innovation, a subject that is very much at the fore of European manufacturer’s agendas. From the presentations posted by Euratex online, the discussions looked to cover a wide range of topics associated with this area. I would … More Opportunites for High Quality Fashion and Textiles producers: Macro-economic outlook – View from the 4th Euratex Convention
The on-going sluggish growth across the Eurozone coupled with the falling value of the Euro in comparison to Stirling over the past few years (the £ now stands at €1.44 having been as low as €1.15 in early 2013) had made the cost of importing goods from the UK higher. Theotretically, these tougher conditions would … More Exporting to the EU? How have markets for apparel been holding up?
How much is the much publicised down turn affecting the Chinese export market for apparel? Well it turns out the latest q3 figures illustrate an incredible upturn in export volumes from the UK into China with almost £13.5 million worth of apparel exported compared to £7.8 million in q3 2014. Export values to China in … More How are the Chinese apparel markets performing