frontier economics news and archive

British luxury sector could lose 6.8 billion pounds from no-deal Brexit

The British luxury sector could lose up to 6.8 billion pounds worth of exports a year as a result of a no-deal Brexit, new research reveals. Data from the international consultancy firm Frontier Economics, commissioned by trade association Walpole, reveals that up to 20 percent of British luxury exports could be lost if the UK, which is...

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British luxury sector may hit more than 50 billion pounds

The British luxury market could nearly double to as much as 57 billion pounds by 2019, according to a new report by Frontier Economics commissioned by Walpole, the British luxury trade alliance that counts Burberry and Harrods as members. The report found that the luxury market contributed 32.2 billion pounds in 2013, making up 2.2 percent of...