With the EU exit deal voted down by MPs, they must now vote on a no-deal Brexit or decide on alternatives, with business left in limbo and the luxury sector dreading the prospect of a multibillion pound loss of revenue.
Britain's luxury sector, including names such as fashion house Burberry, could lose up to £6.8 billion in exports a year if the world's fifth largest economy crashes out of the EU without a deal, research indicated.
Ten award-winning owner-led digital marketing consultancies and agencies are joining forces and aiming to offer an enhanced service for fashion, beauty, premium consumer and lifestyle brands and retailers.
Luxury body Walpole has issued a hard-hitting call urging the government to agree a pro-business Brexit. It said the sector is at risk because brands can't manufacture off-shore as Britishness is key to their appeal.
Sanpower, the giant Chinese conglomerate that’s selling a large chunk of its House of Fraser stake, has revealed a new industry strategy and named luxury specialist Guy Salter Chairman of its New Retail business.