LONDON — Despite Brexit, the government’s refusal to restore tax-free shopping, and sticky supply chain issues post-COVID-19, British luxury is flourishing, driven primarily by sales of cars, food and fashion.
According to a new report by industry lobby Walpole, British luxury is worth 81 billion pounds a year to the U.K. economy, and supports 450,000 jobs.
“Luxury in the Making” is Walpole’s first study in five years and was produced in association with…
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