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Sounds like, as always, this year too People are spending their money for purchasing gifts, toys , dress to prepare themselves for the upcoming Christmas.
The sad recession and low profile shopping turn out that lasted Last year was sent into the corner seat as Huge rush were seen in the Malls and shops where consumers were in line waiting to buy gifts to their beloved ones.
Surprisingly, the lack of snow fall this year has helped in boosting the high end Christmas sales in London.
More than 11 million people were expected to spend more than £1 billion at the rate of £1.5 million a minute, according to a report by shopping comparison website Kelkoo.
It said consumers will be spending £128 each on Christmas presents and other goods, taking the average family spend this festive season to almost £700.
Huffingtonpost reports, Jace Tyrell from the New West End Company, which represents shops on London’s Oxford Street, Bond Street and Regent Street as saying, trading was up more than 10% compared with last year.
“Obviously it was snowing this time last year, and most shops are double digits up,” he said.
“One department store was up 40% up on last year. It’s exactly what they needed.”
Mr Tyrell said menswear, womenswear, electricals, toys and giftsets all sold well in shops in London’s West End.
