Brexit leaves UK luxury sector at risk of decimation
Walpole, the official body for the UK luxury industry, is one of the signatories of an open letter to the UK prime minister complaining about the effects of Brexit on fashion and luxury brands.
Sent at the end of January, the letter states that the trade arrangements the UK has in place with the European Union now that it is no longer a member state puts “at real risk of decimation” a sector that contributes £35 billion to the UK economy and employs almost 1 million people.