Week_04
Research: Findings and Insights.
The British Fashion Industry is worth £26 billion
in GDP to the British economy each year
It employs almost 800,000 people
The global apparel sector alone
was worth £1.3 trillion last year
Nationally there have been 5,000 new jobs
in textile manufacturing created the UK
in last year and 20,000 projected up to 2020
All textiles manufactured in the UK are worth
£9 billion to the UK economy (production value)
In its first year of operation the Alliance Project
National N Brown Textiles Growth Programme
funded by Regional Growth Fund, has invested
a £9 million grant in 94 companies to leverage an
additional £30 million private sector investment,
creating over 1,600 jobs
London Fashion Week and London Collections Men
are globally recognised as being leading platforms
for showcasing British talent and businesses
A strong high-end designer and luxury fashion
sector is essential to creating a global reputation
for British excellence which benefits all British
fashion businesses to trade
Competition within the high-end Art Market:
” We want to see the newest things. That is because we want to see the future, even if only momentarily. It is the moment in which, even if we don’t completely understand what we have glimpsed, we are nonetheless touched by it. This is what we have come to call art. “
—Takashi Murakami