Berliner Boersenzeitung - Teapots, towels, tea bags: UK in coronation retail boost

EUR -
AED 4.033632
AFN 75.554639
ALL 98.772991
AMD 426.769718
ANG 1.987359
AOA 1013.613232
ARS 1071.533469
AUD 1.61591
AWG 1.97671
AZN 1.871252
BAM 1.955661
BBD 2.226442
BDT 131.77065
BGN 1.958794
BHD 0.413671
BIF 3199.173
BMD 1.098172
BND 1.431298
BOB 7.619459
BRL 5.993059
BSD 1.102722
BTN 92.528435
BWP 14.585965
BYN 3.608644
BYR 21524.172736
BZD 2.222642
CAD 1.491263
CDF 3152.852434
CHF 0.941709
CLF 0.036804
CLP 1015.524082
CNY 7.707466
CNH 7.796148
COP 4578.125651
CRC 571.959416
CUC 1.098172
CUP 29.10156
CVE 110.257177
CZK 25.371843
DJF 196.356067
DKK 7.460437
DOP 66.315295
DZD 146.42761
EGP 53.048236
ERN 16.472581
ETB 131.91484
FJD 2.429651
FKP 0.836323
GBP 0.836926
GEL 3.00942
GGP 0.836323
GHS 17.444762
GIP 0.836323
GMD 75.774264
GNF 9520.324478
GTQ 8.532395
GYD 230.693631
HKD 8.528899
HNL 27.419054
HRK 7.466484
HTG 145.389684
HUF 401.715553
IDR 17208.356468
ILS 4.190564
IMP 0.836323
INR 92.279785
IQD 1444.497505
IRR 46238.535747
ISK 148.978448
JEP 0.836323
JMD 174.237637
JOD 0.778059
JPY 163.325686
KES 142.249907
KGS 93.019347
KHR 4475.682425
KMF 493.024776
KPW 988.354248
KRW 1479.095448
KWD 0.336404
KYD 0.918935
KZT 532.542213
LAK 24349.272279
LBP 98745.393447
LKR 323.85702
LRD 212.8149
LSL 19.264533
LTL 3.242617
LVL 0.664274
LYD 5.258627
MAD 10.785735
MDL 19.346627
MGA 5050.641628
MKD 61.615628
MMK 3566.820073
MNT 3731.588673
MOP 8.817974
MRU 43.654902
MUR 51.054436
MVR 16.857357
MWK 1912.064328
MXN 21.180487
MYR 4.635938
MZN 70.177291
NAD 19.264533
NGN 1798.454863
NIO 40.577121
NOK 11.702346
NPR 148.045495
NZD 1.782602
OMR 0.42253
PAB 1.102722
PEN 4.107709
PGK 4.391688
PHP 62.203216
PKR 305.994888
PLN 4.319045
PYG 8595.390108
QAR 4.020515
RON 4.98296
RSD 117.010697
RUB 104.253303
RWF 1493.993993
SAR 4.125701
SBD 9.091451
SCR 15.231501
SDG 660.554542
SEK 11.388488
SGD 1.431581
SHP 0.836323
SLE 25.09027
SLL 23028.113751
SOS 630.155287
SRD 34.266988
STD 22729.944822
SVC 9.648315
SYP 2759.190222
SZL 19.256634
THB 36.545012
TJS 11.743567
TMT 3.854584
TND 3.373161
TOP 2.572033
TRY 37.475675
TTD 7.478469
TWD 35.455625
TZS 3004.786793
UAH 45.397479
UGX 4043.713075
USD 1.098172
UYU 46.116728
UZS 14049.003142
VEF 3978186.045782
VES 40.620775
VND 27201.722381
VUV 130.377195
WST 3.072096
XAF 655.910459
XAG 0.034122
XAU 0.000414
XCD 2.967865
XDR 0.820042
XOF 655.910459
XPF 119.331742
YER 274.876415
ZAR 19.099453
ZMK 9884.870451
ZMW 29.02794
ZWL 353.610961
  • RBGPF

    58.9400

    58.94

    +100%

  • SCS

    0.3500

    12.97

    +2.7%

  • NGG

    -0.4700

    66.5

    -0.71%

  • BCC

    0.6100

    138.9

    +0.44%

  • AZN

    -0.4600

    77.47

    -0.59%

  • RIO

    -0.1300

    69.7

    -0.19%

  • RELX

    -0.3200

    46.29

    -0.69%

  • GSK

    0.4500

    38.82

    +1.16%

  • CMSC

    -0.0400

    24.7

    -0.16%

  • CMSD

    -0.0770

    24.813

    -0.31%

  • VOD

    -0.0300

    9.66

    -0.31%

  • RYCEF

    0.0000

    6.98

    0%

  • BTI

    0.1800

    35.29

    +0.51%

  • JRI

    -0.0200

    13.28

    -0.15%

  • BCE

    -0.1300

    33.71

    -0.39%

  • BP

    0.4200

    32.88

    +1.28%

Teapots, towels, tea bags: UK in coronation retail boost
Teapots, towels, tea bags: UK in coronation retail boost / Photo: Susannah Ireland - AFP

Teapots, towels, tea bags: UK in coronation retail boost

Commemorative plates, towels and tea bags are vying for attention in shop windows near Buckingham Palace, ready for the first coronation of a British monarch in 70 years.

Text size:

"We've ordered about three times more (memorabilia) than usual," Sardor Zok, a salesman in charge of coronation merchandise at online souvenir retailer Cool Britannia, told AFP.

Zok expects demand to rise as Charles III's crowning approaches on Saturday.

Elsewhere, the coronation has presented an obvious marketing opportunity.

The upmarket department store Fortnum & Mason, which supplies the royal family with its tea, is selling a special organic coronation Darjeeling for the coronation for £19.95 ($24.90) per 200 grams.

"We chose Darjeeling because we understand that King Charles drinks this with a spoonful of honey," said Ottilie Cunningham, one of the brand's managers.

"We decided to only select organic tea gardens in Darjeeling due to His Majesty's passion for organic agriculture."

Ceramics company "Emma Bridgewater", popular with royal collectors, has produced a wide variety of tableware for the occasion ranging from £12 to £28 for a mug, tea or coffee cup.

All of its pieces are hand-decorated, the manufacturer says, adding that sales have started off on a high note and are expected to be better than for Queen Elizabeth II's Platinum Jubilee last year.

The coronation will also see sales of some six million coins and medals minted for the event, millions of pounds worth of jewellery, flags and banners as well as 10,000 teapots, according to forecasts by consultants the Centre for Retail Research.

The cost-of-living crisis will take a back seat, with Britons and tourists expected to spend more than £245 million on souvenirs alone -- and more than £1.4 billion if the wider celebrations are included, it added.

- 'Fanatic' -

"Lots of people buying souvenirs will be older people... less affected by the cost of living crisis -- they own their houses, have a pension," said CRR director Joshua Bamfield.

In the souvenir shops behind the palace, customers come in to browse an eclectic mix of royal memorabilia, looking to spend "£15 to £20", according to store manager Ismayil Vadakkethil.

The items include protective gloves embossed with the royal coat of arms, Union Jack decorated paper towels and streamers and a "monarchy forever" T-shirt featuring the king.

"My mother is a fanatic royalist, she's got a glass cabinet with all of these royal things," said Australian Julie Whitehead, 63.

"So I'm going to pick up the King Charles ones for her because her cabinet is full of Queen Elizabeth ones," she added.

But while King Charles items sell well, so do souvenirs featuring the monarch's late mother, who remains very popular with royal souvenir hunters.

"I prefer the queen," said Amélie Zerr, a 40-year-old French tourist, adding she was looking for a "small, kitschy souvenir" and had her heart set on a mug and a coaster.

The customers have changed in recent times, Vadakkethil has noticed.

"Recently I've noticed that it's not just tourists coming in. People who work next door, in the offices, the Londoners themselves, they come into the shop," he added.

 

"People will be impressed by the ceremonial aspect and buy things to remember it," he predicted. "It's part of the British psyche."

(T.Renner--BBZ)