LDO posts 21st straight quarter of growth

LDO posts 21st straight quarter of growth

Issued 3rd January 2019

London Designer Outlet (LDO) in Wembley Park has achieved 21 consecutive quarters of revenue growth. Total revenue increased by two per cent and footfall by eight per cent year-on-year over the Christmas trading period.

Sports brands has grown by 9.5 per cent year-on-year, and footwear climbed by 14 per cent. The growth at LDO is attributed its growth to customer service and year-round discounts

"Despite the well documented pressures across the retail and casual dining sectors, outlet centres continue to appeal to our guests demonstrating strong growth in what was otherwise a very challenging commercial landscape," LDO centre manager Sue Shepherd said.

"Whether from the UK or those visiting the UK from further away, footfall remained strong, whereas many full-priced stores had to resort to pre-Christmas sales.

"By focusing on added value services like free home delivery and providing a great guest experience, we have been able to exceed expectations at Christmas once again."