Quintain Estates and Development : Record Christmas trading for LDO

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15 January 2015

Record Christmas for London Designer Outlet

Quintain's London Designer Outlet ("LDO") in Wembley Park enjoyed its best-ever Christmas after welcoming a bumper half a million visitors during the festive period.

Like-for-like sales were up more than 12% over the festive period compared with the previous year, as visitors flocked to snap up bargains from retailers including H&M, GAP, The North Face, Nike, SuperDry and Guess, and latest openings Levi's, Sony and Franklin & Marshall.

Matt Slade, Managing Director of Wembley Park, said:

"Savvy shoppers helped LDO to defy the gloom on the high street and deliver record sales and visitor numbers this Christmas. A successful Christmas was a fitting finale to an outstanding year for LDO which firmly cemented its position as one of the leading outlet centres in Europe. The combination of high street fashion and top brands at outlet prices, plus a wide range of quality restaurants and bars has proven a winning combination with customers across the capital."

Kenny Edwards, General Manager of the Nike Factory Outlet store at LDO said:

'We had a record Christmas at LDO. We smashed our sales targets - consumers couldn't get enough of Nike products'.

Dan Clark, Manager of Superdry said:

"Black Friday and Boxing Day were the most successful days ever, breaking all records"

Since opening in October 2013, LDO - the only outlet centre in London - has firmly established itself as one of London's most appealing retail and leisure destinations, attracting 6.5 million visitors in 2015.

Managed by Realm, LDO sits at the heart of Wembley Park, the area transformed in recent years by Quintain and where it is creating a new destination in the capital for people, businesses and communities to thrive. LDO has played a prominent role in attracting people, income and jobs to the area with more people visiting Wembley Park to go to LDO than for major events. In September 2015 LDO unveiled the UK's first retail skills academy for the outlet sector, providing its store employees with valuable training free of charge to help their careers in retail.

ENDS - -

About LDO:

LDO is a unique shopping experience in the Capital, created by Quintain. Opened at the end of 2013, it is the only outlet centre in London and offers shoppers great brands with prices year-round at up to 70% off RRP alongside 20 restaurants and a 9-screen Cineworld. Its opening added to a unique combination of attractions in Wembley Park including Wembley Stadium, the SSE Arena, and the 4 star Hilton London Wembley hotel. A state-of-the-art theatre will open end 2016. LDO has firmly established itself as one of London's most appealing retail and leisure destinations. The centre is managed by Realm, the largest outlet operator in the UK.

Enquiries:

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Jenny Davey / Sam Best Tel: [phone]

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