THE RETAIL BULLETIN - The home of retail news
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
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
McArthurGlen reports strong Christmas trading

Designer outlet group McArthurGlen saw like-for-like sales across its six UK centres increase by 8% in December following a 9% rise in November as many shoppers started their Christmas shopping earlier this year.

GENERAL MERCHANDISE

McArthurGlen reports strong Christmas trading

In the run-up to Christmas, the centres saw particularly strong sales of perfume & cosmetics and jewellery with like-for like sales up 18% and 10% respectively. Sportswear and childrenswear also performed well.

The Ashford, Cheshire Oaks and York centres all enjoyed a record-breaking first week of the sales. In the week to 2 January, sales at Ashford rose by 18% while Cheshire Oaks recorded its best ever trading week with a year-on-year sales increase of 21%. Meanwhile, the York centre posted its highest ever sales on 27 December and an uplift of 21% on Boxing Day.

Sven Gaede, UK managing director of McArthurGlen, said: “Our strong Christmas trading results yet again highlights that a visit to a McArthurGlen centre has become an increasingly popular way to shop, with year-round savings of up to 60% on the most sought-after luxury, designer and lifestyle brands in a premium shopping environment.”

Global shoppers, in particular from China and South-East Asia, also contributed to the strong Christmas trading, with a 12% increase in tax-free spending at McArthurGlen’s six UK centres in November, and further strong increases expected for December.

Gaede added: “To build on our successful trading, as the trend for smart shopping rises, this year we are investing £35 million into expanding Swindon Designer Outlet and we will be submitting planning permission to double the size of Ashford Designer Outlet, as well as carrying multi-million pound enhancements of Cheshire Oaks, Bridgend, East Midlands and York Designer Outlets. It’s about taking the shopping experience at our centres to a new level of excellence, as well as providing our customers with a great day-out.”

 

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

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 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
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing