Liverpool One to watch in 2015
Liverpool One has experienced a boost in sales following the addition of several high-profile new stores.
The owner, Grosvenor said year-to-date sales at the shopping complex have risen by 15 per cent compared to the same period in 2014.
In the specific areas of clothing, accessories and jewellery, sales were up by 20 per cent. This is claimed to reflect the impact of a number of new brands such as Michael Kors and Zara.
The business added that other contributors to Liverpool One’s success were new stores from Radley and Cath Kidston, both of which relocated within the complex. In tune with these developments, footfall has also been seen to increase by 4%.
Speaking on the matter, Miles Dunnett, director of portfolio management at Grosvenor, said:
“Liverpool One’s performance in the first quarter of the year continues the momentum set in 2014. The most recent additions to our offer are clearly delivering what the North West wants, which also coincides with a growth in consumer confidence in the region.
“Word of Liverpool One’s success is spreading as more and more brands make it their first choice when expanding out of London and the South East. 90 per cent of the brands we have added in the last two years are new to the region, and results such as these are their reward.”