New West End Company
This coverage explores the New West End Companyโs initiatives, advocacy, and influence on retail and commercial activity in Londonโs West End. Reporting highlights its work on business rates, footfall strategies, public realm improvements, sustainability projects, and collaborations that support the areaโs economic vitality. Retail executives, property managers, and stakeholders can gain insight into how the organisation shapes one of the UKโs premier retail destinations.
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Oct- 2025 -30 OctoberHigh Street
West End festive sales expected to rise 1.3% to ยฃ1.7bn
Londonโs West End is expected to post a 1.3% rise in festive season sales this year, with total spending over November and December forecast to reach ยฃ1.7bn, according to the New West End Company. The business partnership said flight bookings to London across the two months were up 2.8% on…
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Aug- 2025 -28 AugustClothing & Shoes
West End loses out on ยฃ310m in sales without tax-free shopping
Retailers in Londonโs West End have lost an estimated ยฃ310m in sales in the first half of 2025 due to the ongoing absence of tax-free shopping, according to new research released by New West End Company. The figure represents a 40% increase on the ยฃ220m lost over the same period…
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Feb- 2025 -28 FebruaryNews-In-Brief
Today’s news in brief-28/2/25
London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into a greener, more vibrant destination. The consultation, open until 2 May, seeks public input on creating a Mayoral Development Corporation to oversee the areaโs regeneration. Oxford Street, contributing ยฃ25bn annually…
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28 FebruaryGovernment
London Mayor launches proposal to pedestrianise Oxford Street
The Mayor of London Sadiq Khan has today (28 February) launched a public consultation on proposals to pedestrianise Oxford Street. Oxford Street is an area of critical national economic importance, with an estimated annual contribution to Londonโs economy of ยฃ25bn in 2022.โฏ But the area has suffered in recent years…
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17 FebruaryNews-In-Brief
Today’s news in brief-17/2/25
Marks & Spencer has reinforced its international operations with three senior hires to drive its global growth strategy. Manish Kapoor, formerly of Pepe Jeans, joins as Managing Director for M&S India, while Victoria Jones, ex-Clarks executive, steps into the role of International Commercial Director. Richard Davies, previously Head of Category…
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17 FebruaryClothing & Shoes
West End loses out on ยฃ640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around ยฃ640m in sales last year due to the lack of tax-free shopping for international tourists, according to New West End Company research.ย The losses rose by 60% last year from ยฃ400m in unrealised sales in 2023, and impacted some 600 businesses in the…
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Jan- 2025 -16 JanuaryHigh Street
High Streets UK launches to tackle key high street issues
Business representatives from the nationโs flagship high streets have come together to launch High Streets UK, a new partnership which aims to tackle the โmost pressingโ issues facing the nationโs flagship high streets. Founding members of High Streets UK include leading Business Improvement Districts from Birmingham, Bristol, Cardiff, Edinburgh, Liverpool,…
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8 JanuaryFeatures
Revitalising London’s high streets: a BID’s vision for retail
The significance of bricks-and-mortar experiences remains paramount. Steve Medway, CEO of Knightsbridge Partnership and Kingโs Road Partnership, two Business Improvement Districts (BIDs), is reshaping some of London’s most iconic areas. With decades of experience in retail and BID management, Medway shares valuable insights into the challenges, strategies, and future of…
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Sep- 2024 -16 SeptemberNews
Today’s news in brief-16/9/24
The New West End Company (NWEC) has reported that the removal of tax-free shopping cost West End retailers ยฃ220m in unrealised sales during the first half of 2024. Despite a 3% increase in international tourists visiting London, their spending decreased by 12%. NWEC urges the government to reinstate the tax…
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16 SeptemberLuxury Goods
Tourist Tax cost retailers ยฃ220m in H1, says NWEC
The loss of tax-free shopping cost West End retailers ยฃ220m in unrealised sales in the first half of 2024, according to data from the New West End Company (NWEC). NWEC also claimed that the policy change cost West End retailers ยฃ400m in 2023. The number of international tourists visiting London…
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