(AP Photo/Frank Augstein)
LONDON ? Would you travel halfway around the world for a handbag, or a coat" Maybe if you really loved it ? and could get 20 per cent 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.

“I’ve had my eye on it for a long time and I’ve always thought it was too expensive,” she said, gazing through the Burberry window shops in New Bond Street, the heart of high-end shopping in London. “But now, coming to Britain, it’s actually much cheaper than in China, so I finally bought it.”
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. That means tourist dollars go farther, and visitors are rushing to buy before retailers jack up their prices.

Julie Deane, founder of the Cambridge Satchel Co., said the bargains have had a “massive effect” on tourist spending.

“They come and check out the exchange rate and what it’s going to cost them and often that will mean that they go ahead and put a second bag in,” she told the BBC. “In some cases i...