Even Luxury Brands ‘Facing A Worsening Retail Outlook In The UK’ - Skywire London
How have the festive shopping season, and 2023 as a whole, been for your high-end brand so far? Alas, many of the recent statistics have pointed to tough times being experienced even by many players at the luxury end of the market.
This much was recently reported by Glossy, which said that retail sales volumes in Britain had continued to decline during October. It is another illustration of the scale of the challenge that the UK economy is still facing as worries about a possible recession persist.
Hopes of a “bounce back” in retail demand haven’t been realised in 2023
