David Keyte's fashion brand, Universal Works, sells edgy menswear across the world.
The designer, based in Nottingham, England, counts the European Union (EU) as the biggest market for his stylish suede jackets, cardigans, and double-pleated pants. Yet the prospect of a chaotic break between Britain and the EU prompted Keyte to shift parts of his distribution operations to Portugal to avoid any potential tariffs—costing jobs in the U.K.
“I'm five weeks away, and I still have no idea what's going to happen,” says Keyte, whose clothes are stocked in more than 150 outlets globally, from Austria to Taiwan. “It's terrible.”
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
