London’s Oxford Street needs to be transformed says the body that represents the stores there and it has a plan to create 27,000 new jobs, tackle issues like traffic jams and flagship store uniformity, and boost sales.
UK consumers appeared to be in the mood to go out and to shop over the long Easter weekend with new figures showing higher footfall to high streets and online sales advancing. Easter Monday looked particularly strong.
The results are in and they look good. Sales to Chinese shoppers in London’s West End were up 153.8% year-on-year for the week starting January 23. Not only were there more vsitors but each one spent more too.
The New West End Company, the business organisation representing businesses across Bond Street, Regent Street and Oxford Street, confirmed on Friday the appointment of Jace Tyrell as its new Chief Executive Officer.