Why High Fashion Is Important to the U.K. Economy

Why High Fashion Is Important to the U.K. Economy

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant role of the fashion industry in the UK economy, comparing it to other sectors like telecoms and car manufacturing. It highlights the industry's employment figures and its importance in global negotiations, especially in the context of Brexit. The British Fashion Council is actively engaging with the government to address challenges such as free movement and trade complexities. Despite Brexit concerns, the UK luxury market remains resilient, driven by demand from China. The video also touches on trade tensions and the need for strategic government collaboration to secure favorable outcomes for the fashion industry.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the UK luxury fashion industry performing in the current economic climate?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the British Fashion Council aim to have on global exports?

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