THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
London Designer Outlet hails record January trading

London Designer Outlet in Wembley Park enjoyed its best trading month on record in January. Sales at the premium fashion and lifestyle outlet centre rose by… View Article

UK HIGH STREET NEWS

London Designer Outlet hails record January trading

London Designer Outlet in Wembley Park enjoyed its best trading month on record in January.

Sales at the premium fashion and lifestyle outlet centre rose by 27.6% year-on-year to £6.5 million and by 14.6% on pre-pandemic levels three years ago.

Meanwhile, the scheme’s average transaction value was up 17.8% in January versus pre-pandemic levels.

Matt Slade, retail director at Quintain, said: “It is reassuring to see a continued strong sales performance as we kick off 2023, despite the sustained cost-of-living crisis and continued slew of strikes. This record-breaking January follows an equally record-breaking December, demonstrating the significance of perceived value – shoppers will continue spending on their favourite brands if they are getting good value for money.”

Trade was boosted by several new major store upgrades, including new flagship concepts from Adidas, Nike, Calvin Klein and Tommy Hilfiger, and the arrival of new brands such as The Cosmetic Company Outlet.

Slade added: “Over the past year we have introduced a host of new brands and retail experiences to LDO, including the introduction of new flagship concepts from our successful brand partners such as adidas, Nike and Tommy Hilfiger. This gives our guests access to a quality shopping experience, akin to full-price destinations, but with the added benefit of outlet prices.”

Managed by Realm, LDO has 265,000 square feet of retail and leisure space, including 70 outlet stores, restaurants and coffee shops.

Subscribe For Retail News