City-centre shops and malls lost their lustre during the pandemic, but as lockdowns ease across Europe many stores in and around residential areas stand to benefit as consumers remain reluctant to venture far from home.
The body has called on the government to do more to support the fashion industry as it releases new data “that reinforces the stark reality of the impact of the global pandemic on the British fashion industry”.
The New West End Company is calling on the UK government to introduce tax-free shopping for European tourists post-Brexit as what should be Britain’s busiest shopping area continues to see a mere trickle of visitors.
London's West End is preparing for reopening in the next few weeks with the New West End Company issuing strategy guidance and saying markdowns will be off the menu as they could encourage unsafe shopping.
Climate change protestors are continuing to disrupt the West End and with a threat on Wednesday to target the London Underground too, retailers are increasingly worried that the Easter shopping season is at risk.
The UK is a magnet for luxury tourists but the potential for spend at its upscale fashion stores is being let down by the country’s ‘Stone Age’ method of refunding VAT, experts claim. And Brexit could make it worse.