British consumers are increasingly shopping in EU countries like France and Italy due to VAT-free shopping opportunities post-Brexit, leading to a significant decline in luxury sales in the UK. The luxury sector is facing challenges due to tax changes and competition from European brands, with a notable increase in UK tourists visiting Paris. The British luxury industry is losing out on substantial revenue and growth potential, urging the government to address trade barriers with the EU. Teljes cikk (Euronews.com)