
Market in Minutes: Central London Retail – Q2 2022
"Is the cost of living crisis impacting central London?"
Tagged Articles

"Is the cost of living crisis impacting central London?"

"This, our fourth edition, takes stock of the global luxury retail market after the impacts of the pandemic and what the physical luxury market could look like going forward. What has been reassuring is the resilience and adaptability of luxury"

"New store activity globally has tended to follow the Chinese luxury consumer, and the geography of new openings in 2021 was no different"

"Our retail experts from around the world provide their views on their local markets"

"There were no big surprises in the parts of the market that drove store expansion in 2021, with the big luxury houses stepping up their dominance. However, we did see jewellery & specialist watch brands become more acquisitive compared to pre-pandemic levels"

"Funding and M&A activity increased significantly in 2021, will this translate into store expansion?"

"The focus on major domestic markets will be the key trend shaping physical luxury retailing in 2022. However, there are several other trends shaping the wider luxury space that will also have a bearing on physical retailing"

"Drawing on recent trends we provide our outlook for luxury demand and what this could mean for rents going forward across key regional markets"

"The retrenchment to core destination cities seen last year will continue in 2019. Smaller, emerging and underserved destination cities will prove attractive as and when specific opportunities arise"

"While new openings declined last year this was largely at the expense of smaller independent brands as the top three luxury houses, LVMH, Kering, Richemont all increased new store openings globally in 2018"