Ramadan Rush/Eid Statement

Jace Tyrrell, Deputy Chief Executive of New West End Company, a leading business voice for London’s West End, which represents the people and organisations behind the world’s largest retail destination, said; “The ever growing phenomenon of the Ramadan Rush is hugely important to the West End. Luxury retailers in the West End expect to see upwards of £120m in Middle Eastern spend during this period, with an average transaction of £1,490*. Many Bond Street and Mayfair retailers have catered for their luxury customers by opening later, hiring Arabic speaking staff, and providing tax refund services including Global Blue and Premier Tax”

*based on Global Blue tax free sales refund data

Fri 17 July 2015