Grosvenor has reported that 2024 is already expected to top last year’s successes experienced at Liverpool ONE, with a 10 percent increase in visitor numbers during the first week of January 2024 versus 2023, representing the destination’s strongest start to a year in more than five years.

This solid start to the year follows Liverpool ONE recording its busiest ever Christmas in 2023, as the latest figures reveal sales and visitor numbers hit an all-time high during this period. The destination welcomed more than 3.9 million visitors during the festive period, equating to a 1.9 percent uplift from 2022 figures.

Year-on-year sales also soared by 5.3 percent, with entertainment, beauty and menswear proving to be among the most popular types of purchase.

The major growth at Liverpool ONE has been attributed to leading brands continuing to choose to invest in the city, while fresh leisure and entertainment offerings have ensured a steady flow of visitors.

Entertainment has come out on top at Liverpool ONE, with this sector seeing a substantial rise in turnover during Christmas, helped by Liverpool ONE’s latest addition Gravity MAX in the former Debenhams unit.

Beauty sales have increased, supported by the arrival of Space NK. Meanwhile, menswear has seen a strong performance in sales supported by the upsize of brands such as BOSS, while food and drink outperformed during the festive period.

Across 2023, Liverpool ONE welcomed 25 brands, totalling 275,000 sq ft of space. A further 27 brands also renewed or regeared, equalling 105,000 sq ft of space.

Chris Jukes, Grosvenor’s Director of Liverpool ONE, said: “2023 was a milestone year for Liverpool ONE. Not only did we celebrate our 15 year anniversary and play a role in helping the city to host Eurovision 2023, but from a leasing perspective, we continued to attract retail firsts, international flagship openings, creative pop-ups, and independent and local brands, as evidenced in our results. Liverpool ONE has never been a destination which steps and repeats but we always strive to be big and bold in all that we do. 2024 will be no different as we will continue to innovate, evolve and contribute to the city centre and wider Liverpool City Region.”

 

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April 2024 issue

2024 A1 Buyers Guide