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BREXIT, March 29’s deadline for Britain’s luxury industry

High-priced freedom. A “no deal” Brexit by March 29 could cause Britain’s luxury sector to lose up to a fifth of its exports, a value of about £6.8 billion. Currently, about 80 percent of Britain’s luxury goods by brands like Alexander McQueen, Burberry, Dunhill, Bentley and Rolls-Royce are exported – with continental Europe currently the largest market.

 

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