Home Street Fashion UK’s apparel sector excels in Q3 ’23 manufacturing performance: Report

UK’s apparel sector excels in Q3 ’23 manufacturing performance: Report

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In Q3 2023, UK’s clothing, footwear, and accessories manufacturers outperformed in the Manufacturing Health Index, ranking sixth among 16 sectors and surpassing the national average of 77.
The sector reduced overstock from £77,400 in 2021 to £52,475, showing effective inventory management.
UK manufacturing overall rebounded, with 11 categories scoring above 50.In Q3 2023, UK’s clothing, footwear, and accessories manufacturers outperformed in the Manufacturing Health Index, ranking sixth among 16 sectors and surpassing the national average of 77.
The sector reduced overstock from £77,400 in 2021 to £52,475, showing effective inventory management.
UK manufacturing overall rebounded, with 11 categories scoring above 50.