UK’s Exit from EU Drives Brits to Continent for Luxury Goods like Louboutin Shoes

British consumers are increasingly traveling to Europe in search of more affordable luxury items, as the country faces a decline in its attractiveness as a shopping destination. The UK remains the only major country without a value-added tax (VAT) exemption for tourists, making it less competitive in comparison to other European nations.

Source: https://www.euronews.com/business/2025/08/09/brexit-sends-brits-to-europe-for-louboutins-in-a-blow-to-uk-luxury