UK Luxury Industry Prepares For Coronavirus Outbreak

UK Luxury Industry Prepares For Coronavirus Outbreak

Luxury brands in the UK are preparing for a considerable decline in sales as the spread of coronavirus intensifies. The brand-new coronavirus was a severe threat to public health as the number of the confirmed case in the UK increased significantly. Flights between the UK and China continue to be waived. Chinese shoppers account for 25% of complete UK luxury spend, and now this number stagnates. The footfall influence is self-evident throughout London, and the outcome will undoubtedly be sorely felt on an international level, provided the high spend generated by Chinese consumers. No person knows how long the pandemic […]