economy
How the BFC plans to future-proof British fashion by 2030
British Fashion Council CEO, Laura Weir, tells CNBC’s Tania Bryer about the launch of its new strategy - BFC 2030: Access, Creativity, Growth. She explains how the organization is shifting from “promoting” British fashion to “supporting” it, as the UK luxury and retail sector navigates global economic headwinds, post-Brexit pressures and changing consumer habits.
TL;DR
- The British Fashion Council (BFC) has launched its new strategy, BFC 2030: Access, Creativity, Growth.
- CEO Laura Weir stated the organization is changing its focus from 'promoting' to 'supporting' British fashion.
- The strategy aims to address challenges faced by the UK luxury and retail sector, including global economic headwinds, post-Brexit pressures, and evolving consumer habits.