For more than a decade, our experts have worked alongside businesses in the fashion industry to help them minimise risks and protect profits. Our sector-specific, proactive approach has helped UK fashion businesses grow and thrive.
The fashion business cycle will often necessitate pricing forthcoming collections months in advance. Given that the rate of exchange fluctuates on a daily basis, how can UK fashion companies be expected to do accurate costings and budget effectively, when nobody has any idea what a pound will be worth a week from now, let alone in a year’s time?
Finding your perfect fit
Since 2004, we have partnered with businesses in the UK fashion sector to help them realise their business growth ambitions. Our dedicated team of experts understand the unique challenges facing the fashion sector, which gives us a head start in providing the right guidance in a timely manner.
Not all currency risk management solutions are made to measure – what might work for one company isn’t necessarily suitable for another. That’s why we take the time to really understand your fashion business and its specific requirements. Only then can we find your perfect fit.
Working with (and for) high profile clients
The success of our approach is told in some of the high-profile clients we have worked with in the past. For the past five years, we have managed the FX requirements of Simon Carter and his eponymous British heritage brand.
We are also proud to say that we’re the UKFT’s preferred currency exchange partner and we have partnered with the BFA to help each organisation’s member base understand FX risk.
“The management of risk and foreign currencies is an essential part of any fashion business. As a respected member of the financial community, Smart Currency Business covers all global currency spectrums from small start-up businesses to larger enterprises.” Adam Mansell, CEO of UKFT
Cut from a different cloth
While we would never profess to be experts in haute couture or know what’s hot and what’s not, we are experts in helping fashion businesses grow by protecting their budget, margins and profits against adverse fluctuations in the currency markets.
While there are hundreds of FX providers in London alone, we pride ourselves on going above and beyond the ordinary. Put simply, we are not cut from the same cloth as our competitors.
Click here to read our Fashion Case Study in full.
If you haven’t already done so, we’d recommend you download our latest edition of Fashion Insights, the publication in which we speak to people about getting a business off the ground and the potential impact of Brexit on the industry.
To discuss your foreign currency exposure then complete the form below and we’ll get back to you!