Grosvenor has today announced a 15% increase in year-to-date sales at Liverpool ONE compared to the same period in 2014, with the new additions to Liverpool ONE’s line-up playing a central role in the growth. Footfall so far this year is also up by 4% versus last year.
Sales across the key categories of clothing, accessories and jewellery were up by 20%, reflecting the impact of a number of new additions, such as Michael Kors, which opened its first store in the North West on Liverpool ONE’s Peter’s Lane last October, and Zara, who launched their new 27,000 sq ft regional flagship at the same time. Other contributors to Liverpool ONE’s success include new stores from Radley and Cath Kidston, both of whom relocated within Liverpool ONE.
Commenting on the results, 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% of the brands we have added in the last two years are new to the region, and results such as these are their reward.”
The news coincides with the publication of a survey by TripAdvisor of global travellers to the UK, in which Liverpool was named as one of the top five places to visit in the country.
For more information contact:
Naomi Curtis/Sorrel Basher, Press Office
020 7312 6479/6101
Notes to Editors
Liverpool ONE is a unique retail and leisure destination at the very heart of Liverpool. Its virtually invisible boundaries connect the city with the impressive waterfront and the inspiring architecture of the commercial district.
Spread over three levels, Liverpool ONE is the region’s destination of choice for consumers and brands alike. Its offer includes over 170 high street names anchored by John Lewis, Beauty Bazaar Harvey Nichols, Debenhams and the largest Topshop in Europe outside of London. Other recent additions include Byron, Browns and TGI Friday’s, Zara has opened its new regional flagship, and Liverpool ONE is home to the first standalone Michael Kors store in the North West. 22 brands committed to Liverpool ONE in the last year and more than 40,000 sq ft of restaurant brands were added to the line-up.