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London is global capital of retail brands

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The city attracted 33 new market entrants this year, including Isabel Marant, J. Crew and Tom Ford. 

London was closely followed by Dubai, on 55.3 per cent, whilst New York trailed in third with 45 per cent, according to research from CBRE. 

Eric Eastman, executive director, luxury goods & international retailers at CBRE said: “London now attracts more international visitors that any other capital in the world. A flood of brand-hungry overseas shoppers, many from China, has swept into Central London. Space demand from luxury and international retailers has moved into hyperdrive as a result. 

“There are simply too many global brands now for the traditional pitches in London to absorb them, which is why we are starting to see lettings to Dior and Chanel in Covent Garden and Philip Lim and Carven in Brompton Cross.”

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