Fashion

Currency management strategies for the fashion industry

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Overview

For close to two decades, our experts have helped businesses in the fashion industry 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.

We are 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 currency 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.” UKFT

Cut from a different cloth

While we would never profess to be experts in haute couture, 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 currency providers in London alone, we pride ourselves on going above and beyond the ordinary.

Case Study

Solutions tailored to fashion

Discover how we helped a fashion brand develop a sector-specific approach to currency that minimised risk and maximised profits.

Managing currency exposures is key in volatile markets. Our team were able to implement a range of risk management strategies to mitigate this company’s exposures.

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Made to measure

We take the time to truly understand every business

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Reducing risk

As an industry exposed to currency movements, we help protect fashion businesses from market movements

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In-house support

Our dedicated in-house team is on hand to provide guidance and support

What makes us different

SmartHedge

SmartHedge is our currency management platform that makes tracking exposures simpler than ever. Developed and tested to address pressing challenges UK companies face, SmartHedge offers automated solutions that allow business to spend less time pouring over spreadsheets and more time making the decisions that matter.

From reporting and valuations to cashflow forecasting and stress testing, SmartHedge helps businesses find clarity in chaotic markets.

How we work

Trading with us is simple

Follow our streamlined steps to navigate currency markets effortlessly.

Open an account

Opening an account with Smart Currency Business is simple.

Quick and easy

Complete the enquiry form below, or give us a call.

Guided process

Our team will be happy to guide you through the process.

Speak to our team today