Ledbury Research news and archive

UK luxury sector set to double over next five years

New research forecasting the UK luxury market has reported that the sector will “almost double” in size over the next five years from 6.6 billion pounds in 2012 to 12.2 billion pounds in 2017. According to Walpole British Luxury, the trade body that represents luxury brands such as Burberry, Harrods and Jimmy Choo, and market research firm...

Fashion

UK Luxury market to grow by 57%

According to ‘The UK Luxury Benchmark Report’ by Ledbury Research for Walpole, the UK luxury sector is forecast to grow in value by 57 per cent over the next five years, from £6 billion to £9.4bn. Retail group Verdict Research forecasts the global market for luxury goods will increase by £37bn to £107bn by 2015. Much of this growth has been put...