By Amber Murray Insolvencies at UK fashion manufacturers have risen by nearly a quarter in the past year as a combination of supply and demand pressures has driven firms under while customers switch to pre-loved clothing. According to Forvis Mazars, the international tax and advisory firm, over 100 companies went bust in the year to July 2024, up from 86 companies in the previous year. The UK has been battered by cost pressures since Russia’s invasion of Ukraine in February 2022, and the latest rise in insolvencies suggests that the problem is far from over. Shipping costs have yet to come dow…