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14 October 2016

London? After Brexit is a shopper's paradise.

The Brexit demolishes the pound and transformed Britain into a paradise of luxury shopping. It detects an analysis by Deloitte, according to which the fall in value of the British currency ( -17% against the dollar since last June) following the decision of Britain leaving the European Union is reflected in reduced costs to attract foreign tourists. The study compares the 802 dollars needed to buy a Louis Vuitton Speedy 30 Handbag in London, compared with $ 970 for the same purchase in New York or the 1,115 dollars needed in China. "People don't like to pay more for the same product," told the BBC Nick Pope, fashion and luxury lead at Deloitte, highlighting how in July purchases of foreigners arriving in Britain for pleasure trips have reached 3.8 million pounds, an increase of 2% compared to the same month in 2015.

London? After Brexit is a shopper's paradise.
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