Luxury for less: Tourists are winners in pound’s drop

The pound has lost almost a fifth of its value against the dollar since the June 23 referendum on EU membership because of uncertainty about Britain’s economic prospects.
Would you travel halfway around the world for a handbag, or a coat? Maybe if you really loved it — and could get 20 percent off. At the moment, the price is right in Britain, where the decision to leave the European Union has led to a sharp drop in the pound. That’s proving a bonanza for luxury goods shoppers with foreign currency to spend. Amy Chang, a 30-year-old from China, snagged a Burberry trench coat this week while visiting London for her sister’s graduation.

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