THE RETAIL BULLETIN - The home of retail news
HOME
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
The Papers
RETAIL INSIGHTS
RETAIL SOLUTIONS
• The HR Summit 2019
• AI in Retail Conference 2019
• Omnichannel Futures Conference 2020
• Future of Customer Engagement 2020
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Spending by Chinese shoppers in London’s West End surges over Chinese New Year period

New figures have revealed that during the week of Chinese New Year, sales to Chinese shoppers in the London West End shopping district were up 153.8%… View Article

SHOPPING CENTRES & RETAIL PARKS

Spending by Chinese shoppers in London’s West End surges over Chinese New Year period

New figures have revealed that during the week of Chinese New Year, sales to Chinese shoppers in the London West End shopping district were up 153.8% year-on-year.

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.”

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 HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
Company values, collaboration with employees and driving a major HR transformation to create a truly omnichannel experience, need to be at the heart of the organisation's culture and brand
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
SENIOR-LEVEL FORUM FOR HEADS OF MARKETING, DIGITAL, ECOMMERCE AND CX
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
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
Future of Customer Engagement 2020
Future of Customer Engagement 2020
10 June 2020
Cavendish Conference Centre, London W1G 9DT
The Future of Retail Marketing Conference 2020