The Entertainment District and Outlet Shopping at The O2, which are owned and operated by Waterfront Limited Partnership, a joint venture between AEG and Crosstree Real Estate Partners, have witnessed a solid trading period throughout October, solidified by a stellar half-term week.
It also coincides with the opening of Calvin Klein’s brand new, larger store, which has increased its footprint by a significant 87 per cent at the destination, further reinforcing The O2’s position as the world’s most popular live entertainment, leisure, and retail destination.
Outlet Shopping at The O2 has witnessed a 19 per cent uplift in sales when compared to October last year, and a 51 per cent uplift year-to-date vs 2022, strengthened by the recent additions of Carvela, French Connection and newly upsized stores for Tommy Hilfiger, Lids and Calvin Klein, which has opened its new 6,576sq ft store on the outlet’s upper level. It continues to showcase its extensive collections for men and women and has also diversified and expanded its offering to include a dedicated childrenswear section, catering to large customer demand and high footfall experienced at The O2.
Similarly, the Entertainment District at The O2 has reported a sales increase of 47 per cent vs October 2022, and a 39 per cent increase year-to-date vs 2022, coinciding with the recent openings of Afrikana and Chipotle, adding to over 30 bars and restaurants present at the destination. Total footfall across the whole scheme has also welcomed an impressive 22 per cent uplift vs October 2022, with year-to-date sales also up a stellar 43 per cent, further demonstrating the continuing appeal of The O2’s premium tenant mix in attracting local and international visitors alike.
