Grosvenor Europe-owned shopping centre Liverpool ONE has reported a 5% increase in sales over the festive period compared to 2018, and sales up 2.5% during 2019 as a whole.
Footfall also bucked the trend for widespread high street decline, with 29m visitors throughout 2019, 5.5m of which were recorded during the Christmas period.
Alison Clegg, director of asset management at Grosvenor Europe, commented: “It’s been a remarkable year of growth for Liverpool ONE, which is a credit to our forward-thinking leasing strategy and series of well-considered campaigns.
“Welcoming a host of leading brands, and seeing occupants dedicate substantial investment into existing stores at the destination, has propelled Liverpool ONE’s exciting trajectory in 2019. We look forward to seeing this continue into the new year, off the back of an exceptional Christmas season.”
2019 saw 17 new openings at the destination, including Ralph Lauren, Oliver Bonas, Mint Velvet, Jo Malone London, Too Faced and Morphe. Complementing this, 125,000 sq ft of space was renewed with existing tenants, while a total of £5.3m was invested by retailers and operators into new and existing space.
To complete the year, international life and style brand, Kate Spade, also chose Peter’s Lane, for the brand’s first dedicated Christmas pop-up in the UK, and first ever boutique outside of London and Scotland.