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Brexit Slows Cross-Channel Fashion Wholesale Trade, Joor Data Shows
A decade after the Brexit referendum, data from wholesale platform Joor reveals a significant decline in fashion trade between the UK and continental Europe, as local brands gain ground.
According to Joor, the wholesale fashion trade across the Channel has slowed markedly since the 2016 Brexit vote. The platform's data highlights a shift where domestic brands are increasingly favored over cross-border transactions.
The trend is observed on both sides of the Channel, impacting suppliers and retailers. The slowdown underscores the lasting effects of Brexit on the fashion industry's supply chains and market dynamics.
While specific figures are not detailed in the data, the pattern suggests a structural change in how fashion goods are traded between the UK and Europe. This development marks a significant evolution in the post-Brexit landscape for the sector.