Brexit effect on Global Apparel industry as confidence falls

A recent just-style survey found that more than 50% of readers have seen their confidence in the prospects for the global appeal industry reduced or scientifically reduced, following the EU referendum.

The Brexit Confidence survey, carried out earlier in July, also found that European companies, excluding the UK, are more negative than any regarding the industries short-term prospects.

Nearly three quarters of European readers stated their confidence, since the UK referendum, had reduced, compared with 59& of those in the UK and 55% in the rest of the world.

The apparel industry lacks behind others in the confidence stakes such as automotive, and the food and drinks sector.