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Investors Bet on London’s Oxford Street Bouncing Back

Once considered the crown jewel of Britain’s retail sector, Oxford Street suffered a collapse in visitors during the pandemic and struggled to recover. New businesses are hoping to change that.
Shoppers on Oxford Street in London in December.
The number of visitors to Oxford Street bounced back strongly last year, with the eastern section up 19 percent compared with 2022. (Shutterstock)

Commercial real estate is enduring its most tumultuous period for years, but that hasn’t stopped advisers in London proposing an unlikely bet for their clients: Oxford Street.

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Further Reading

Can London’s Oxford Street Weather a Perfect Storm?

Empty stores, online competition, punitive business rates, over-spaced retailers and Brexit-nervous consumers: one of the world’s most competitive fashion retail environments is being squeezed from all sides — and learning to innovate.

Oxford Street May Get the Upgrade It Needs

The proposal to pedestrianise London’s busiest shopping street could result in a significant bump in foot traffic, but more work will need to be done in order to burnish the chaotic destination’s reputation.

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