Luxury Fashion - United Kingdom

United Kingdom

In the year 2024, the revenue generated in the Luxury Fashion market in the United Kingdom amounted to £5.68bn.
According to market forecasts, this sector is expected to experience an annual growth rate of 1.76% from 2024 to 2028 (CAGR 2024-2028).
When compared globally, in the United States leads the market with a revenue of £21,270m in 2024.
In terms of per capita figures, the revenue per person in the United Kingdom's Luxury Fashion market is £83.55 in 2024.
United Kingdom's luxury fashion market is thriving, with British designers such as Burberry and Alexander McQueen leading the way in innovation and craftsmanship.

Key regions: United States, Italy, Russia, France, India

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Methodology

The Luxury Fashion market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Fashion industry.