New West End Company
This coverage explores the New West End Company’s initiatives, advocacy, and influence on retail and commercial activity in London’s West End. Reporting highlights its work on business rates, footfall strategies, public realm improvements, sustainability projects, and collaborations that support the area’s economic vitality. Retail executives, property managers, and stakeholders can gain insight into how the organisation shapes one of the UK’s premier retail destinations.
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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 area’s regeneration. Oxford Street, contributing £25bn 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 London’s economy of £25bn in 2022. 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 £640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around £640m in sales last year due to the lack of tax-free shopping for international tourists, according to New West End Company research. The losses rose by 60% last year from £400m 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 nation’s flagship high streets have come together to launch High Streets UK, a new partnership which aims to tackle the “most pressing” issues facing the nation’s 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 King’s 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 £220m 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 £220m in H1, says NWEC
The loss of tax-free shopping cost West End retailers £220m 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 £400m in 2023. The number of international tourists visiting London…
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2 SeptemberHigh Street
End of tax-free shopping hitting retail hard, warns Kurt Geiger CEO
Kurt Geiger’s CEO has warned that scrapping tax-free shopping for tourists is having a “massively negative effect” on retail in the UK. According to The Times, Neil Clifford said tourists were now travelling to other European countries for their shopping after the scheme was scrapped in 2021. Under the scheme,…
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Jun- 2024 -26 JuneNews
New West End appoints new communications and campaigns director
New West End Company, the business partnership representing 600 UK and international retailers, restaurateurs, hoteliers, galleries, and property owners, has announced the appointment of Nathan Parsad-Wyatt as director of communications and campaigns. In this newly established role, he will report to chief executive Dee Corsi, focusing on strategic communications while…
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