UK luxury sector ‘to double’ in next five years
08/05/2013
The UK luxury sector is forecast to almost double in value over the next five years from £6.6 billion in 2012 to £12.2 billion in 2017, according to Walpole, a non-profit industry group, and consultancy Ledbury Research. Around 83% of British luxury brands expect to see a rise in sales this year, with Walpole suggesting 12% growth is likely....
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