The looming impact of Brexit and a possible a no-deal Brexit threatens to disrupt the relative stability British fashion brands have seen with regard to the movement of raw materials and finished goods within the European Union (EU) and questions the stability and financial viability of European supply chains, says Flora Davidson, co-founder of SupplyCompass.
On top of this, consumers are increasingly expecting greater honesty and transparency from the brands they buy from, demanding more supplier and product information. So brands need faster, leaner, more reactive and responsible supply chains to survive, she told Fibre2Fashion in an interview.The looming impact of Brexit and a possible a no-deal Brexit threatens to disrupt the relative stability British fashion brands have seen with regard to the movement of raw materials and finished goods within the European Union and questions the stability and financial viability of European supply chains, says Flora Davidson, co-founder of SupplyCompass.#
Headquartered in London, SupplyCompass is redefining how global sourcing occurs with a software with a service (SwaS) platform that enables brands and manufacturers to find each other and work better together.
For the full interview, please click here.
Fibre2Fashion News Desk (DS)