×
437
Fashion Jobs
MAJE
Supervisor - Selfridges, London
Permanent · LONDON
HARRODS
Technogym -Wellness Consultant
Permanent · LONDON
JOSEPH LTD
Full Time Menswear Supervisor (Mayfair)
Permanent · LONDON
MICHAEL KORS
Account Executive
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Flagship General Manager – Luxury Fashion – Regent st – £80k-£90k + Bonus
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Online Customer Service Manager
Permanent · HUNGERFORD
FOUR SEASONS RECRUITMENT
Merchandising Manager
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Kings Road
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Richmond
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Notting Hill
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Showroom Sales Representative
Permanent · LONDON
TOO FACED
Business Manager - John Lewis Brent Cross
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Ltrtw & Mtm Client Service Manager – Luxury Ladieswear – Knightsbridge – £30k-£40k + Comm
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Haute Couture Client Service Manager – Luxury Ladieswear – Mayfair– £40k-£60k + Comm
Permanent · LONDON
MAJE
Sales Supervisor, Full-Time - Harrods, London
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Canary Wharf
Permanent · LONDON
HEAD OFFICE
Brand Manager
Permanent · LONDON
BETTY BARCLAY GROUP GMBH & CO KG
Retail Operations Manager
Permanent · LONDON
RETAIL PERM
Beauty Salon Manager
Permanent · LONDON
TOO FACED
Business Manager - Liverpool - New Mersey Retail pk (Speke), UK
Permanent ·
TOO FACED
Business Manager - Lisburn Sprucefield sc, UK
Permanent ·
TOO FACED
Business Manager - Stockton on Tees Teeside, UK
Permanent ·
Advertisements

Harrods, other luxury brands, launch US trade mission as tariffs bite, Brexit looms

Published
today Oct 22, 2019
Reading time
access_time 3 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

A number of UK luxury brands have started a four-day trade mission to the US. It comes as the trade war between Donald Trump and the EU hits home with new tariffs being imposed this month.


UK luxury is in the US this week as it seeks to bolster trade relations post-Brexit



But the charm offensive was organised before the new US tariffs were imposed as British business seeks to mitigate the impact of Brexit. It includes Harrods, Molton Brown, Savile Row tailor Kathryn Sargent, sustainable footwear brand Mou, the world’s oldest hat shop Lock & co, and Scottish woollen mill/retailer Johnston’s of Elgin (which also manufactures for Burberry and Hermès). 

Harrods’ involvement is almost a given as its managing director, Michael Ward, is chairman of luxury trade body Walpole that’s leading the mission. Walpole represents 250 British luxury names.

The group is part of an attempt to bolster UK-US trade relations, an attempt that has become especially urgent in the face of 25% tariffs that have been imposed by the US. 

The duties have been slapped on categories including men’s woollen suits, one of the key exports for the British luxury segment, as well as cashmere knitwear.

The tariffs have been applied in response to EU subsidies for Airbus that have been ruled illegal. However, the EU’s top trade official has already said that Europe is considering its own response, citing the US’s subsidies to Boeing.

The problem for Britain in particular is that good relations with the US are key to it as Brexit looms. While the EU is the country’s biggest export market and with UK-EU trade likely to suffer, even with an exit deal, the US (as the second largest export destination) becomes more important. And in terms of individual countries, it's the biggest export market for British goods overall. So the UK will be looking to add to the £9 billion+ worth of goods that already go there. 

The trade mission’s participants are meeting with business leaders and senior officials at meetings in Chicago, New York and Washington D.C. They’ll also be whipping up interest in Britain as a tourist destination with US visitors being a key group for the UK tourist sector and for the retailers in destination cities like London, York and Edinburgh as well in key attractions like Bicester Village.

Walpole has organised a huge number of events for the four-day mission. Tuesday’s agenda in New York City, for instance, is a focus on The Art of British Luxury Hospitality, featuring 26 expert speakers, followed by afternoon tea with Dame Glenda Bailey, editor-in-chief of Harper’s Bazaar, at Hearst Tower. It ends with a cocktail party at the Lyanness pop-up at Spring Place, hosted with Quintessentially.

Walpole CEO Helen Brocklebank said in an interview with CNN Business that the UK had an "unfair focus" in the US's new EU-focused tariffs, given how big its trade with the US is compared to other EU countries.

And Kathryn Sargent, the tailor who’s part of the mission, said that the new tariffs could make her cheapest two-piece suit around $1,625 more expensive in the US, which would be likely to make some customers think twice about buying.

Copyright © 2019 FashionNetwork.com All rights reserved.