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| | | | 19/05/2015 | Drapers, Tara Hounslea - London crowned world’s most international shopping destination | | | | | London named world's most international shopping destination | | | | | Drapers reports that London has been named as the world’s most international shopping destination, with 57.9% of international retailers present in the UK capital.
Last year 12 new international retailers opened in the city including US names American Eagle and Lululemon, according to research from global property advisor CBRE.
London is followed by Dubai, which has 55.7% of international retailers present, and Shanghai, with 53.4%.
Mid-range fashion retailers were the most active sector accounting for 21% of global expansion, followed by luxury retailers with 20%.
Expansion into the EMEA region was dominated by mid-range fashion brands accounting for 26% of activity, followed by specialist clothing retailers with 18%. |
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