Rush on New Year's Eve boosts West End
Wednesday 04 January 2012
Retail sales in the West End of London broke the £100m barrier in the week to New Year's Eve, as shops benefited from a late surge of bargain hunters.
Shops posted a rise in underlying sales of up to 3 per cent over the week to 31 December. A spokesman for New West End Company, representing 600 shops in Bond Street, Oxford Street and Regent Street, said: "It was a last-minute surge to the end of the year."
Star performers were luxury retailers, such as at Selfridges, which delivered the most lucrative hour in its history on Boxing Day, taking £1.3m in the period. John Lewis benefited from strong demand for the latest technology products.
In the light of this final rush, NWEC has forecast that like-for-like sales for the year will be 2.5 per cent higher than 2010.
Swedish stars ask fans for £195 pledges on crowd-funding website
filmFilm producers sue Warner Bros for $75m over Hobbit films
musicThe 21-year-old beat Ella Eyre and Chlöe Howl to win the honour
lifeFull of the joys and want to help your fellow man? December isn't the time to do it
techLuke Blackall reports on precision engineered prams and babygros that monitor your child 24-7
- 1 Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute
- 3 Kenyan politician Mike Sonko left red-faced after photoshopping himself next to Nelson Mandela
- 5 Selfie at funeral: Cameron squeezes in on Obama snap at Mandela memorial
- < Previous
- Next >
iJobs Money & Business
£77099.84 - £96375.26 per annum + Bonus + Benefits : Harrington Starr: My clie...
£45000 - £60000 per annum + Bonus and Package: Harrington Starr: Trading appli...
£50000 - £60000 per annum + BONUS + BENEFITS: Harrington Starr: A leading prov...
£70000 - £90000 per annum + BONUS + BENEFITS: Harrington Starr: A leading mark...