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A No-Deal Brexit Could Spell Tariff-Laden Calamity for the UK’s Fashion Industry

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

The U.K.’s fashion industry will be pummeled by tariffs should the country engage in a no-deal Brexit at the end of October, the British Fashion Council (BFC) warns. In an emailed statement obtained by Bloomberg, the trade organization asserted that the controversial political exodus from the European Union could cost the country’s fashion industry 900 million…

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