United Kingdom: Half of UK textile units saw higher turnover in 2017


Despite economic uncertainty and issues related to skilled manpower availability, 2017 has been a great year for British fashion and textile manufacturers, half of whom saw an increase in turnover, says the annual Make it British survey. On an average, textile production was up by 25 per cent and many are now running double shifts to keep up with the demand. Make it British is an independent company founded by designer Kate Hills to help promote UK manufacturing and brands. The survey covered nearly 100 manufacturers from across the fashion and textile sector, ranging from small workshops producing luxury womens wear to big textile mills. 

As more British companies look to source locally and restore their production back to the United Kingdom, 58 per cent of manufacturers received more interest from customers, a press release from the company said citing the survey. The increase in production and turnover is being helped in part by the exchange rate working in UK manufacturers favour. “As the pound loses its value our turnover has increased by 30 per cent,” one manufacturer reported. 

Thirty per cent of UK textile manufacturers are exporting more than they were in 2016, yet still a third of those surveyed said that they weren’t yet exporting. Ageing workforce is a concern, with nearly half of the manufacturers worried about the age of their staff. Two thirds have an average workforce age of over 40 at their factories, but many are taking on young people through apprenticeships. But attracting young people to the industry is proving tough.

 




Source: News Times, United Kingdom
Monday, 01 January 2018

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