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'This is an economic crisis': why the pandemic could spell the end for British fashion

By Priya Elan

According to experts, without significant government intervention, many young designers and freelancers will be in trouble

The future of Britain’s fashion industry is in severe doubt due to the global pandemic, with 35% of young and upcoming designers looking as if they will not be able to continue their businesses past the summer.

The findings, from the British Fashion Council (BFC) also predict that half of the entire industry could cease to exist by the end of 2020. “Without some sort of government intervention you could see a whole generation of creative business wiped out,” says chief executive Caroline Rush.

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Via:: https://www.theguardian.com/fashion/2020/apr/08/economic-crisis-pandemic-could-spell-end-british-fashion