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08 November 2011

News - Fashion Tourism worth over £3 billion to UK economy


By Ben Turner @ 10:36 :: 254 Views :: 0 Comments
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Britain’s shopping districts are emerging as one of our biggest tourist attractions as ongoing financial woes and the British shopping experience combine to create an ideal shopping holiday. A survey by Shoparazzi, the member’s only shopping club, has revealed that over £3 billion is spent in the UK each year on fashion by tourists, making shopping tourism a significant contributor to the economy. As many as 1 million people per annum may be visiting Britain each year just to shop.

- Visitors to Britain spend on average £253 on fashion
- Over one million tourists come to the UK each year just to shop
- The Internet and mobile phone comprise the biggest research tools

Each year over 30 million people visit the UK, with almost 12 million of them travelling on holiday. In a survey, Shoparazzi found that the average spend on fashion per tourist was £253. This equates to £3 billion in total, which is a significant portion of the The British Fashion Council’s £21billion total estimate that the fashion industry is worth to the UK economy.

Shoparazzi co-founder Colin Bruce stated, “The successful export of British style has significantly boosted the perception of the country both as a barometer of taste and as a shopping destination. We predict that this trend will continue and that stores will profit from tailoring their offering and experience to the fashion tourist.”

 

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