‘Brexit effect’: New study by Walpole reveals impact of Brexit on UK luxury

A new study by Walpole has stated that luxury exports from the EU to the UK were on average 43 percent lower than they may have been without Brexit. According to the platform’s ‘Trading with Europe’ report, the fashion and accessories sector has been the hardest hit by Brexit-impacted trading, reporting a decline of 64 percent on exports to the EU.