London Designer Outlet (LDO) in Wembley Park has achieved 21 consecutive quarters of revenue growth, demonstrating its proven track record of success since it opened in October 2013. The centre celebrated a strong Christmas trading period that included its best week ever.
For the Christmas week, from Friday 21 December 2018 to Monday 01 January 2019, total revenue climbed +2% year-on-year with footfall +8% over the same period last year. Notably, footfall climbed by +14.4%, YoY, and sports brands at the centre continued their strong performance growing by +9.5% on the same period last year. Additionally, overseas tourists are seeing LDO as an important part of their trips to London and form the fastest-growing part of LDO’s business. Some 18% of guests are from outside the UK and tax-free sales rose +7.0% YoY (2018 v 2017).
