The christmas lights are up, the shops are decorated and sales are going through the roof. Retailers within the Oxford Street, Bond Street and Regent Street district of London have reported a 17.7% rise in footfall from last year. There is an expected taking of over a £1 billion over the festive period.
In fact, statistics showed that footfalls had also risen 5.5% through November, supporting evidence to say that the West End is outperforming high streets and shopping centres nationally.
These figures follow the announcement that the New West End Company is to continue its role as the management and promotional company for the West End and will invest £25 million in the shopping district over the next five years.
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