Are we at day 3 already? How time flies … At Margaret Howell first thing (love her “simple” beautiful clothes – whoops a bit of “fashion” slips in) – chatting with the Wall Street Journal. So let’s touch on finance. A shortly to be published piece of research with our friends from other creative sectors, shows that a fashion business is no more risky to invest in than any other small enterprise. Good news, as long we can persuade people its true. We’re also making progress in putting together a trade finance package to help emerging talent fund their fast growing books (a good number are doubling their turnover every season). Further optimism. We’re also – busy busy – working with banks to help them take the decision to make crucial production loans to designers. So, all good. Now there’s maybe a decade of hard work needed for them to become brands on a par with the international big boys, but London designers are now at a point where they can be taken seriously. And that’s real progress and excellent news. SwR





