Tue 29 November 2016
• ASEAN countries represented 52% of all non-EU spend on Bond Street, London
• Golden Week sales were up 300% YoY in September 2016
• Chinese tourists generate around £337 million in additional revenue to the UK every year
• New West End Company is a co-founder and advocate of the UK Chinese Visa Alliance (UKCVA), the business-led group committed to easing the UK Chinese visitor visa system
London, 28 November 2016 – New West End Company confirms that London’s West End is on track to be the first retail district in the world to generate £11 billion annual turnover by 2020. London’s West End already generates £8.8bn in annual sales – in just six hectares – totaling more GVA than either The City of London or the whole of the country of Wales.