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Brexit negotiations carry huge ramifications for UK luxury sector

12/06/2019

A report commissioned by Walpole, the official body for the UK luxury industry, has shown that the total value of sales in the country’s luxury sector in 2017 was £48 billion. This compares to £32.2 billion in 2013, meaning the sector grew by nearly 50% in four years. The UK luxury sector is highly dependent on exports, with around 80% of...

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