London was the number one destination for European tourists in 2017, a study showed on Tuesday, as the cheaper pound made it attractive to both domestic and foreign visitors despite a spate of militant attacks this year.
Value Retail, the company behind some of the world’s most successful luxury outlet centres, has launched China’s largest mobile payment method Alipay to give its Chinese consumers an easy and safe way to make payments.
Luxury may have its ups and downs but Harrods makes money regardless. The Qatar Holding-owned London landmark has turned in an eighth successive year of record profits on the back of eight years of record sales.
Chinese, Kuwaiti and Indian visitors drove a spending boom in London's West End during the summer, new figures show. And October is expected to see a repeat performance due to China's Golden Week holiday.
The Shop at Bluebird will open a lifestyle concept store on Floral Street in Covent Garden early next year, boosting the area's luxury credentials and widening its exposure to London's huge tourist traffic.