The British Pound Is Sinking—and the UK’s Luxury Market Is Rocking as a Result

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Want to save 20 percent on a Newman Daytona, a bespoke suit or a suite at Gleneagles? Go ahead.

reports that many American customers have called him up in recent weeks and pre-paid for clothing that they’ll order when he arrives on a tour to New York, DC, Chicago and Boston starting next month. It’s been such a success, in fact, that Cundey says the firm is planning several Instagram activations this week to highlight the sterling-related advantage. “Anything around $1.40 to the pound has always been great for us, but it was at about $1.

After the usual summertime lull, Harvard-Walls continues, September has been unusually busy. “People buying second homes don’t decide to do it yesterday, but clients who were already thinking about buying are fast forwarding what they were doing,” he says.

 

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