'British fashion houses will have to cope with currency fluctuations'
Published 06/07/2016 | 02:30
Irish designers could capitalise on the Brexit fallout because fluctuating Sterling will affect their British rivals.
The vagaries of fashion with Brexit and the potential fallout for designers came up over breakfast canapés at the CREATE showcase of emerging talent at Brown Thomas.
While leading retail consultant Eddie Shanahan was encouraging, he said "there are challenges and mitigating circumstances, but it is too early to know".
However, he said that Irish designers should remember that their British rivals manufacturing in Europe would face increased costs as Sterling fluctuates.
"Consumer confidence deficit - that is the real challenge now," Mr Shanahan said.
Meanwhile, Richard Malone, one of the 19 designers taking part in the CREATE showcase, spoke about the inspiring memory of a zebra print dress an aunt wore to his communion in Wexford 18 years ago.
"I remember it quite vividly because everyone thought it was quite outrageous and I thought it was really great, a good thing to do to annoy everyone," he said.
He included a turquoise animal stripe print in his latest collection which earned him rave reviews at London Fashion Week.
Based in London, Richard (25) won the coveted LMVH Grand Prix scholarship two years ago.
He returns to CREATE for the third time, with strong separates, 1980s asymmetry and fresh stripes.
CREATE is in its sixth year and puts the spotlight on bright young things in the fields of ready-to- wear, accessories, millinery and jewellery.