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West End posts 10% year-on-year sales rise

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Retail sales in London’s West End rose by 10 per cent year-on-year in December as “resilient” trading in Oxford, Regent and Bond St outstripped the rest of the UK.

Technology and fashion sales such as headphones, touchscreen gloves and iPad covers were said to drive Christmas sales.

“The stormy weather conditions understandably kept many shoppers away, but those who came weren’t window shoppers, they came and made big purchases. Boxing Day in particular was a major success for West End retail,” said Richard Dickinson, CEO of New West End Company.

Leading Retail Analyst, Nick Bubb added: “London is clearly outperforming the rest of the UK economy, with West End retailers benefiting from both the boom in wealthy International visitors and the revival in activity and confidence in the City”.

The figures are in direct contrast to BRC figures of an overall UK high-street footfall drop of 3.7 per cent in 2013.

Published on Monday 20 January by Editorial Assistant

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