“The post-Brexit trade agreement is a catastrophe for the British fashion industry and it could kill ‘Made in Britain.’”
Like the rest of the British fashion scene, her concerns have turned most recently to Brexit and the devastating impact it is having on the nation.
Hamnett explains that some of the problems Brexit poses to the country’s fashion designers include inhibiting travel and ramping up VAT charges, which she says is “slaughtering British exports” to the point that “some brands have even given up exporting.”
The British fashion industry turns over $49 billion a year, employs a million people and is, in Hamnett’s words, “having its throat cut” by Brexit and leaving the Single Market and Customs Union which has caused the awkward export processes, which have already pushed many British fashion houses to relocate to the EU.
“I know you need to be exporting at least half of your production, mostly in Europe in fact, to be able to survive as a fashion brand” says the designer.
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