One of the most anticipated moments occurred last week when the announcement came that there was now an official engagement of Prince William and Kate Middleton and a Royal Wedding would soon follow. Every news network in the world covered the topic. It is the first big Royal Engagement and Wedding in the internet era meaning the news was much more viral and spectacular than even the news media could have made it alone. It comes at a time when good news is much needed and anticipated, giving Britain a happy event to look forward to in the near future. Better yet, the news comes during a time of austerity and a Royal Engagement and Royal Wedding will mean a big boost to the British economy, and some analysts say it could be above £700 million easily.
Those that will benefit are large reaching across the retail market. The travel industry will no doubt see a boost. Those producing mementos, souvenirs and replica items associated with the couple’s engagement and wedding details will benefit in sales. The fashion industry will benefit not only now but for decades as the fashion minded keep a close eye on the popular and stylish Miss Middleton. Book authors, book retailers, bakers and the list goes on and on as to who will see more money in the cash drawer thanks to the Prince’s proposal and soon to be wedding.
Young women for decades will seek to replicate the fairy tale engagement and wedding details. The dress that Kate wore, a blue dress from designer Phillipa Lepley, was completely sold out the world over in just hours after her appearance in the dress was made. No more is she the girlfriend of the Prince, she is soon to be the Princess to the much loved the world over Prince William, first born to Prince Charles and the late Princess Diana. Having already proven herself to be stylish in the past years, the fashion world is ecstatic and any designer that gets a nod from Kate in the days ahead will become instantly famous and rich.
Britain is certainly glad to see the engagement come and so are other countries. While Britain will most likely benefit the most from the proposal and upcoming Royal Wedding, others will as well. Kenya is expected to see a boost in tourism due to the announcement that Prince William proposed to his soon to be princess in Kenya. The Kenya Tourist Board stated it is expecting a boost in numbers due to the proposal announcement.
A wedding date has not yet been set, nor has the venue for the wedding. As each piece of news comes available it will garner much attention, and a very anticipated announcement is who will design the historic wedding gown of the future queen. Eyes are definitely on the Royal Couple and on Britain. It feels good that the cause of the attention is such a joyful, historic, and economically beneficial reason.