London Designer Outlet (LDO), located at Wembley Park, has recorded its strongest first quarter ever as sales surpassed £20m for the first time.
The shopping destination posted sales of £20.8m, a 5% increase from last year in what was its strongest first-quarter trading performance and best-ever March.
Sales increased by nearly 10% in March to £7.6m, bolstered by its strongest-ever Easter weekend, with sales exceeding £1.5m for the first time.
LDO’s recent performance marks five consecutive months of record-breaking trading as year-to-March-end sales exceeded £100m for the first time, following a highly successful year for sales in 2023.
Matt Slade, retail director at LDO owner Quintain, said: “A record-breaking quarter, including a best-ever Easter weekend sales performance, is the icing on the cake for an incredible first quarter.
“Despite the unpredictable weather and a challenging economy, we saw Londoners and visitors shopping in their droves at the centre, which is a testament to the continued appeal of the quality shopping experience and affordable prices at the LDO.
“With an impressive calendar of global entertainment at Wembley Stadium and the OVO Arena Wembley this summer, including the highly anticipated Taylor Swift Eras tour, 2024 continues to look bright for the LDO.”
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