Retail in London
Retail in London: Working Paper F International Comparisons of Retail
March 2006
copyright
Greater London Authority March 2006 Published by Greater London Authority City Hall The Queen’s Walk London SE1 2AA www.london.gov.uk enquiries 020 7983 4000 minicom 020 7983 4458 ISBN 1 85261 842 6
Cover photographs © Macy’s, Zara and Hayley Madden This publication is printed on recycled paper. For more information about this publication, please contact: GLA Economics telephone 020 7983 4922 email glaeconomics@london.gov.uk
GLA Economics provides expert advice and analysis on London’s economy and the economic issues facing the capital. Data and analysis from GLA Economics form a basis for the policy and investment decisions facing the Mayor of London and the GLA group. The unit is funded by the Greater London Authority, Transport for London and the London Development Agency. GLA Economics uses a wide range of information and data sourced from third party suppliers within its analysis and reports. GLA Economics cannot be held responsible for the accuracy or timeliness of this information and data. GLA Economics, the GLA, LDA and TfL will not be liable for any losses suffered or liabilities incurred by a party as a result of that party relying in any way on the information contained in this report.
International Comparisons of Retail
Contents
Executive summary ................................................................................................................ iii 1. Introduction........................................................................................................................ 7 2. Comparing international retail centres ................................................................................ 8 3. London’s retail offer ......................................................................................................... 14 4. International shoppers in London
March 2006
copyright
Greater London Authority March 2006 Published by Greater London Authority City Hall The Queen’s Walk London SE1 2AA www.london.gov.uk enquiries 020 7983 4000 minicom 020 7983 4458 ISBN 1 85261 842 6
Cover photographs © Macy’s, Zara and Hayley Madden This publication is printed on recycled paper. For more information about this publication, please contact: GLA Economics telephone 020 7983 4922 email glaeconomics@london.gov.uk
GLA Economics provides expert advice and analysis on London’s economy and the economic issues facing the capital. Data and analysis from GLA Economics form a basis for the policy and investment decisions facing the Mayor of London and the GLA group. The unit is funded by the Greater London Authority, Transport for London and the London Development Agency. GLA Economics uses a wide range of information and data sourced from third party suppliers within its analysis and reports. GLA Economics cannot be held responsible for the accuracy or timeliness of this information and data. GLA Economics, the GLA, LDA and TfL will not be liable for any losses suffered or liabilities incurred by a party as a result of that party relying in any way on the information contained in this report.
International Comparisons of Retail
Contents
Executive summary ................................................................................................................ iii 1. Introduction........................................................................................................................ 7 2. Comparing international retail centres ................................................................................ 8 3. London’s retail offer ......................................................................................................... 14 4. International shoppers in London