The Jubilee Weekend is expected to inject tens of millions of pounds into London’s iconic West End district, according to new research. The four-day Bank Holiday weekend, running from June 2-5, is expected to generate 80 million pounds in sales as an estimated 2.8 million domestic and international visitors head to the shopping district during...
27 May 2022
A new five-year plan to “reinvigorate” London’s iconic West End shopping district has been revealed by The Heart of London Business Alliance (HOLBA). HOLBA, which represents 500 businesses in the Piccadilly & St James's and Leicester Square areas, said the plan includes over 40 potential projects “designed to preserve and enhance the unique...
25 Feb 2022
London’s West End is expected to make a speedy recovery from the pandemic as consumers return to the luxury shopping hub, according to a new report. The upmarket district in Central London, which prior to 2020 was one of the world’s most popular hotspots for deep-pocketed tourists, is on track to achieve turnover of 8.6 billion pounds in the...
18 Feb 2022
Boxing Day footfall in London’s West End on Sunday was 44 percent lower than the same day in 2019, prior to the outbreak of the pandemic. Compared with the previous week, footfall was down 16 percent as concerns continue to mount over the fast-spreading Omicron variant. Jace Tyrrell, the chief executive of New West End Company, which represents...
27 Dec 2021
London’s West End is in line to receive a 5 billion pound investment over the coming five years as it looks to “bounce back” after the pandemic. The shopping district, one of the world’s most illustrious upmarket fashion destinations and a favourite of international luxury shoppers, has been hit hard by store closures and plummeting footfall...
1 Oct 2021
London’s West End is launching a pop-up competition to give small scale businesses, homegrown start-ups and emerging creative talent the opportunity to open their doors at the iconic shopping destination. Launched by Westminster City Council in partnership with New West End Company and The Crown Estate, the programme also aims to attract...
1 Jun 2021
Business group The New West End Company (NWEC) has said that 98 percent of its retail, leisure, hospitality businesses and property owners have voted to invest 40 million pounds into the popular shopping district as it recovers from the pandemic. It comes as NWEC, which represents 600 businesses on Oxford Street, Bond Street, Regent Street and...
22 Mar 2021
November usually signals the beginning of the annual “golden trading period”, as around 70 per cent of customers start buying Christmas presents. The shutting down of non-essentials retailers could be a Christmas disaster for many brands and fashion businesses. West End retailers, which employ one in 10 Londoners, are set to lose 2 billion...
2 Nov 2020
Wealthy West End landlords could be a saviour to struggling designers and retail tenants who’s businesses are at risk in the wake of Covid-19. News that commercial landlord Grosvenor Estate, who’s portfolio owns a multitude of prime properties across the UK, including London’s Mayfair, Belgravia and Marylebone, could “selectively invest” in...
30 Oct 2020
The CEO of Heart of London Business Alliance, which represents 500 leading businesses in the West End, has urged the government to consider the ‘catastrophic’ impact Tier 2 and 3 lockdown measures could have on London businesses. It comes after Boris Johnson earlier this week announced a new three-tier system in which areas of England are...
16 Oct 2020
An investigation led by the Evening Standard shows the economic impact of Covid-19 on London is both disastrous and the worst in a generation. With 50,000 West End retail and hospitality jobs at risk and hundreds of thousands of businesses affected, total spending is down 50 percent by 5 billion pounds as a direct result of the coronavirus...
14 Jul 2020
Despite growing Brexit uncertainty and a drop in consumer confidence, it looks like shoppers in London’s West End are set to spend big this Christmas eve weekend. Shoppers buying last-minute gifts over the three days before Christmas are expected to splurge 186 million pounds at London’s West End, according to New West End Company. The Christmas...
20 Dec 2018
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