>> With the Royal Wedding just two months away, it's a busy time for British luxury gift manufacturer, Halcyon Days. At its ceramics factory in England, the company is working on mugs, plates, and teapots. Rolling out a number of commemorative collections ahead of Prince Harry marrying his American fiance, Meghan Markle in May.
It expects a boost in its sales of between 10-15%. And it won't be the only business hoping to cash in on the fanfare.>>
>> One estimate has the wedding worth as much as 1 billion pounds, or $1.4 billion to the UK economy. That figure has already jumped 50% since January due to the building excitement.
>> That breaks down into about 300 million for travel and tourism, about 300 million for free PR for the UK and media exposure. About 250 million for retailers. About 150 million as informal endorsements on fashion brands and things like that. And then about 50 million on merchandise sales, so plate sales and doilies, and other things that can be commercially endorsed by the Royal Family.
>> Since the engagement was announced last November, there's been huge media attention focused on the couple. Who last week confirms they would invite more two and a half thousand members of the public to their wedding day celebrations. The ceremony in Windsor on May 19th is expected to attract attention from around the globe.