THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
London's West End to receive £25 million investment

London’s West End is to receive £25 million of investment over the next five years after retailers and hoteliers in the area voted to keep New West End Company as the management and promotional company for the shopping district.

GENERAL MERCHANDISE

London's West End to receive £25 million investment

London’s West End is to receive £25 million of investment over the next five years after retailers and hoteliers in the area voted to keep New West End Company as the management and promotional company for the shopping district.

With 85% of votes in favour of New West End Company continuing in its role, the company has confirmed plans for continued investment and improvement in Bond Street, Oxford Street and Regent Street as well as 22 connecting streets. 

According to New West End Company, the district attracts an annual spend of over £7.5 billion, up  from £5.5 billion since the company’s inception in March 2005.

Richard Dickinson, chief executive of New West End Company, said the company’s challenge was to build on the legacy of London 2012 and to turn "billions of viewers into millions of pounds in sales and investment" over the next few years.  

He added: "We are ready to roll out our plans to combat increased competition from international overseas markets, Europe and locally, as well as the internet, to ensure the retail district grows share of wallet from domestic and international shoppers." 

Andy Street, managing director John Lewis said: "We want to see New West End Company playing a central role in helping to make sure London’s West End is ready for the future. This can only happen through close collaboration with all retailers in the sector addressing the future major challenges that the area faces. New West End Company is one of the drivers to make this happen." 

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues