Knightsbridge Partnership Spend Data – October 2023


  • Retail sales recovered vs last month, to deliver a flat October 2023 compared to October 2022. This put
    Knightsbridge ahead of its comparators who all declined, ranging from King’s Road at -9% to Marylebone at -13%.
  • Behind the flat sales were similar trends to last month. An -18% fall in Average Revenue Per Customer (ARPC)
    offset a +22% growth in customers.
  • On a Year-to-Date basis, Knightsbridge’s 2023 sales remain +2% ahead of 2022, ahead of King’s Road, but behind
    Marylebone and Sloane Square.
  • Of the three largest retail sectors, which account for over 90% of sales, Food & Drink saw sales growth of +44%
    compared to October 2022, Fashion was +42% growth, while General Retail declined -10%. On a YTD
    basis, Fashion is +36% and Food & Drink is +14% above 2022, while General Retail is down -4%.
  • Share of sales to customers from Rest Of GB dropped further, 61% in October 2023 vs 68% in October 2022.
  • The share of sales to customers from Greater London was 14%, up from 4% in October 2022.


See the latest report here.