Sunday, May 28, 2023

UK losing out on tourism’s high spenders | The Straits Times

UK losing out on tourism's high spenders | The Straits Times

LONDON – The head of a British luxury fashion house has warned that the lack of tax-free shopping for tourists visiting Britain is holding back sales and putting the country at a disadvantage to its European neighbours.

Mr Jonathan Akeroyd, chief executive of Burberry – best known for its raincoats, apparel and accessories bearing the signature Burberry check pattern – said his company's sales to tourists visiting Britain had risen by 19 per cent in London in the first three months of 2023.

Publisher: The Straits Times
Date: 2023-05-25T11:45:00 08:00
Author: cue
Twitter: @straits_times
Reference: (Read more) Visit Source



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