the \u201csportsmart\u201d trend<\/a> finally showed up on the runway this season, as performance dressing received a high-tech and elevated update.<\/p>\nGovernment support<\/p>\n
Along with the changes at the BFC and the sign of support from King Charles III, the government is also deepening its support for the UK fashion industry, which is worth almost \u00a330 billion and employs over 800,000 people, according to the Department of Culture, Media and Sports (DCMS). As part of its Creative Industries Sector Plan, the British government is investing \u00a3380 million to support initiatives including the BFC\u2019s NewGen scheme, which has received a \u00a31 million grant from the DCMS.<\/p>\n
\u201cIf we fail to value and invest in this industry, we risk shutting the door on the next generation of world-leading designers before they\u2019ve even had the chance to find their feet,\u201d says Secretary of State for Culture, Media and Sport Lisa Nandy. Part of this initiative involved decentralizing access to creative industries like fashion. Mayors from across England will also be investing \u00a3150 million in local creative economies, including fashion.<\/p>\n
Nandy emphasizes that, while the government has not been \u201cable to move on\u201d the reintroduction of VAT-free shopping<\/a>, it has \u201cheard loud and clear the strength of feeling across the industry\u201d on the subject. \u201cThis is a genuinely difficult global environment \u2014 trade pressures, access to finance, the impact on industries that rely on exports and tourism,\u201d she says. \u201cWe\u2019re actively looking at what more we can do to support the sector, and that work is ongoing. The industry deserves honesty from us, and they deserve to know that we\u2019re working on it.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Elsewhere, outerwear leaned into quintessentially British toggles and fastenings. At Labrum, Mithridate and Fashion East\u2019s Mayhew, coats were…\n","protected":false},"author":2,"featured_media":307253,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[146,5347,85,46,5345,22405],"class_list":["post-307252","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-entertainment","tag-fashion-month","tag-il","tag-israel","tag-latest","tag-london-fashion-week"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/307252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=307252"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/307252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/307253"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=307252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=307252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=307252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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