Spending by Chinese shoppers in London's West End surges over Chinese New Year period
The week commencing 23 January also saw a 17.2% increase on the previous week as Chinese spend increased over the New Year celebrations.
In addition, average transaction value was up 46.6% year-on-year whilst total transactions climbed by 73.1%.
Jace Tyrrell, chief executive of New West End Company, said: “The West End’s iconic shopping streets are popular year-round with Chinese visitors to London looking for retail therapy. However, we traditionally see a surge in Chinese spend over the New Year celebratory period, and this year did not fail to disappoint.”
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