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The O2 hails successful trading in January and February half term

Icon Outlet at The O2 posted strong trading throughout January with sales up 34%. Sales at The O2’s Entertainment District were also buoyant with an uplift… View Article

UK HIGH STREET NEWS

The O2 hails successful trading in January and February half term

Icon Outlet at The O2 posted strong trading throughout January with sales up 34%.

Sales at The O2’s Entertainment District were also buoyant with an uplift of 44%.

During half term week from 13 to 19 February, The O2 recorded its best footfall figures so far this year, alongside strong trading results. The Entertainment District experienced a sales uplift of 15% year-on-year, whilst outlet shopping delivered an increase of 5%. Valentine’s Day was a particularly strong trading day when sales rose by 43% across the whole scheme.

Janine Constantin-Russell, managing director of the Entertainment District and Icon Outlet at The O2, said: “We are thrilled to be starting the year in such a strong position, as we continue building momentum following a successful 2022.

“With a busy arena calendar and a number of new brands set to open at the destination in the coming months, we are expecting to see persistent growth across all aspects of The O2, reinforcing our position as the world’s most popular music, shopping, entertainment and leisure venue.”

The O2’s Entertainment District and Icon Outlet are owned and operated by Waterfront Limited Partnership, a joint venture between AEG and Crosstree Real Estate Partners. The venue’s upcoming arena diary includes a monthly residency with comedian Peter Kay, 10 nights of Elton John, and a debut London opening of iFLY Indoor Skydiving.

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