Trends in Luxury

Consumer Spending

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A split scene in London showing a luxurious storefront contrasted with everyday consumers experiencing economic strain, highlighting the disconnect in England's economy.
The Future of Luxury

England's Economy: Official Stability Masks Consumer Strain

While England's GDP technically grew by a marginal 0.1% last quarter, averting a recession, retail sales volumes plummeted by 3.2% in December, according to the Office for National Statistics (ONS).

Ingrid Larsen·June 10, 2026