The Luxury of Superior Sales
As a refreshing contrast to the notion that the UK is crammed with cost-conscious consumers who will travel fifty miles out of town to pick up a bargain at a discount store, the luxury fashion sector is proving surprisingly buoyant.
There are now an estimated 47,000 millionaires in Britain. However, the taste for luxury is not solely a millionaire’s prerogative. “Today it seems that for many, only the best will do,” says Anna Starmer of trend consultancy Global Color Research Ltd.
Report by special correspondent Tania Casselle, UK, for International Market News.