This ad will be closed automatically in X seconds.

‘Bounce Back’ plans in place to help UK retail sector

New measures are being put in place by the UK government to help the retail sector recover from the effect of the COVID-19 pandemic, including support for developing online retail channels both in the UK and internationally.

Export minister Graham Stuart MP announced the government’s latest ‘Bounce Back’ plans to the digital audience of Autumn Fair @Home last week. These include a new Consumer and Retail Export Academy, with digital resources, webinars and regional coaching.

The plans reflect the massive expansion of online retail over the past decade and its acceleration this year in particular.

“We recognise that Coronavirus has brought challenges to many industries, not least the consumer and retail sector, where so much depends on face-to-face interactions. This package of support will give businesses the helping hand they need to adapt their methods and thrive in the future,” Graham told Autumn Fair @Home attendees, adding that: “The retail industry is a key pillar of the UK economy.”

Graham also outlined long-term support for the retail sector with potential export opportunities arising from trade deals being negotiated with the US, Japan, New Zealand and Australia.

Julie Driscoll, UK regional director for Hyve Group (organiser of Autumn Fair and Spring Fair) commented: “We are thrilled to be working in collaboration with the UK Government and the Department for Trade on their plans to reinvigorate the UK retail industry.”

More information about the plans can be found on the UK government website.

Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter and @licensing_source on Instagram.

MORE NEWS
JeffBanks500x500
 
The legendary fashion designer regaled guests at the B&LLAs last week with anecdote after anecdote about a career in design, fashion and licensing that has spanned over 60 years....
BingRubies500x500
 
Rubies has added to its preschool property range, partnering with Acamar Films for an everyday dress-up collection for Bing....
FanaticsSunderland500x500
 
The global digital platform and sports merchandise specialist will become the club’s new retail partner until 2034....
PhillipeBost500x500
 
As a result, Merchantwise is expanding its international reach with a team led by former Activision Blizzard vp of international consumer products, Philippe Bost who will oversee the international licensing programmes across the markets....
CarouselLS500x500
 
Carousel and Otter House have licensed the London Studio-created brand Dreamadelic for a 2025 square wall calendar on behalf of the charitable humanitarian organisation, Oxfam....
AutumnFaire500x500
 
As Autumn Fair’s online marketplace of choice, Faire will help hundreds of exhibiting brands take orders on its platform from retailers attending the show....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.