In conjunction with the UK Fashion & Textile Association (UKFT), we hosted a joint seminar at UKFT’s office highlighting key issues fashion businesses need to know about in today’s market.
The topics we covered included:
- Pop-ups – what are the issues you need to know about?
Legal director, Rebecca Facey, explained the pros and cons of pop-ups for fashion brands, shared our top tips for negotiating the terms of your agreement, and covered what you need to consider when the agreement ends. Rebecca also looked briefly at some of the implications for UK brands taking part in pop up activity outside of the UK.
- Directors’ responsibilities and liabilities – what to do when your company is facing bankruptcy in an unpredictable financial climate. As a director can you be pursued and sued?
Senior associate, Sarah Carlton, outlined the legal responsibilities company directors have and potential personal liabilities that exist when a company is heading towards insolvency.
- Getting paid – what do brands and suppliers need to know when it comes to getting paid.
Partner, Stephen Sidkin, highlighted the issues which are key given today’s financial climate.
The discussion was led and chaired by partner Stephen Sidkin and UKFT’s director of international business, Paul Alger.
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