London Designer Outlet posts surge in Christmas sales

Fashion and lifestyle centre, London Designer Outlet (LDO) posted revenue growth of 11.1 percent and like for like sales rise of 7.6 percent excluding newly opened stores, over the Christmas holiday period. The company added that total revenue in sportswear rose by 32 percent, and by 31 percent in homeware. Additionally, footwear and fashion improved their total revenues by 16 percent and 5.1 percent, respectively. Across the two-week Christmas period, footfall was up 2.8 percent, with week commencing December 22, the best week ever in revenue terms.