Chancellor Rishi Sunak has unveiled what has been touted as the most important budget statement in decades. And there's plenty in the latest announcement that directly impacts the fashion and retail sectors.
London Fashion Week ended Tuesday night after scores of virtual shows, presentations and debates, with a collection by Simone Rocha, and Priya Ahluwalia winning the latest Queen Elizabeth II Award for British Fashion.
The BFC has unveiled buy-now-pay-later giant Clearpay as its new Principal Partner for London Fashion Week in a two-year deal that also sees it underwriting all of the BFC talent support initiatives for 2021/22.
The British Fashion Council has signed TikTok as Principal Partner of its returning talent identification scheme NewGen. At the same time, BNPL payment firm Clearpay will also become the event’s Official Partner.
The ethical fashion retailer has announced that the Net-a-Porter founder has joined its board of directors, while Nike vet Sophie Bambuck has been appointed as the company’s first chief marketing officer.