Fashion Payment Practices: 5-Year Analysis (2020-2025)
Fashion Payment Practices: Slight Improvement Seen Between 2020 and 2025 (+4.3 Points)
The Comparison
- 2020: A study of 33 fashion companies revealed an average payment practices score of 59.6 out of 100.
- 2025: A similar study, analyzing 29 fashion companies, showed an average payment practices score of 63.9 out of 100.
What This Means
The fashion industry has witnessed a marginal improvement in payment practices over five years. While an increase is positive, the 4.3-point rise suggests progress is slow and that substantial challenges in fair and timely payments persist for suppliers. For companies struggling with late payments, a late payment calculator can assist in calculating potential interest and compensation owed.
One-line summary: Fashion payment practices showed only minor progress, increasing from 59.6/100 in 2020 to 63.9/100 in 2025.
Read next
Late payment in the UK is quietly improving — but your invoice still depends on who you sell to
We analysed over 100,000 published UK payment-practice reports. Late payment is falling — from 20% of invoices paid outs
UK Company Payment Practices 2025: Biggest Risers, Fallers & New Entrants
How UK companies' payment practices changed in 2025 — the biggest improvers, the firms slipping, and the strongest new e
Agriculture Payment Practices Report 2025
The UK agriculture sector is significantly outperforming the UK average for payment practices, suggesting a degree of fi
Northern Ireland Payment Trends: 2024 vs 2025
The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance