Advertise Here [468 W x 60 H pixels]
Web Exclusive | February 2017

British fashion’s contribution to economy

The fashion industry in the UK has always been a major business, and has been well-recognised as a form of soft power in the global market, making the country one the world’s most influential players in fashion designing, manufacturing, retailing and even fashion education. According to the latest report from the British Fashion Council (BFC), the British fashion sector directly contributed $35.2 billion to the UK’s economy in 2015, with over 880,000 people employed by the industry in roles varying from manufacturing to retail. 

Here are some shocking figures and facts about the fashion industry in the UK. .The total export value of the UK’s textile and fashion products is over £6.5 billion a year. The total import value of the UK’s textile and fashion industry is over £24.3 billion a year. The total sales of footwear, including men’s and women’s, reached £10.3 billion in 2015, up by 6.5 per cent year on year. The sales of luxury goods in the the UK topped £32.2 billion in 2013, and is forecast to reach £51.1 billion in 2019. Next PLC is currently the largest fashion company in the UK, valued at £8.5 billion in 2015, followed by Marks & Spencer and Arcadia Group. Burberry is the top luxury fashion company in the UK. The iconic British fashion brand has a market value of £5.8 billion pounds, with revenues of about £2.5 billion a year.
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
Arvind Rub-Web Controls Ltd      Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Bry Air (Asia) Pvt. Ltd.      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Groz-Beckert Weaving      Hongkong Trade Development Council      ITEMA WEAVING (INDIA) PVT LTD      Jogindra Industries Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mag Solvics Pvt.Ltd      Mangal Singh Brothers Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      Picanol N V      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Sheeba Engineering Co      Skaat Machine Works India Pvt Ltd      SMEW Textile Machinery Pvt Ltd      SRE Corporation      SSM Scharer Schweiter Mettler Ag (Rieter)      SSP Pvt Ltd      Stovec Industries Ltd      Techaids      Thies GmbH and Co.      Truetzschler India Pvt Ltd      Unitop Aquacare Evaporation and Driving System      Arvind Rub-Web Controls Ltd      Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Bry Air (Asia) Pvt. Ltd.      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Groz-Beckert Weaving      Hongkong Trade Development Council      ITEMA WEAVING (INDIA) PVT LTD      Jogindra Industries Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mag Solvics Pvt.Ltd      Mangal Singh Brothers Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      Picanol N V      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt Ltd (Suessen)      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Sheeba Engineering Co      Skaat Machine Works India Pvt Ltd      SMEW Textile Machinery Pvt Ltd      SRE Corporation      SSM Scharer Schweiter Mettler Ag (Rieter)      SSP Pvt Ltd      Stovec Industries Ltd      Techaids      Thies GmbH and Co.      Truetzschler India Pvt Ltd      Unitop Aquacare Evaporation and Driving System