Knightsbridge Partnership Spend Data – April 2023

Summary

  • Retail sales in Knightsbridge increased +21% from April 2022 to April 2023, ahead of both King’s Road and Sloane Square.
  • The primary driver of the increase in sales was an +18% increase in customers, with just a marginal increase in Average Revenue Per
    Customer (ARPC).
  • Sales from the four largest sectors increased on both a year-on-year and year-on-2019 basis with Fashion continuing to be the strongest
    performer, followed by Health & Beauty. General Retail increased by +10% on a year-on-year basis.
  • Comparing the last 12 months against calendar year 2019, the share of sales to different catchment areas is broadly similar, with the
    biggest change being the increase in share of sales to customers from Rest of GB which averaged 63% over the last 12 months
    compared to 59% in 2019.

See the full report here.