The perennial battle for supremacy among the world’s most rarefied shopping avenues has delivered its most dramatic result in a decade. According to the latest 2025 edition of Cushman & Wakefield’s authoritative Main Streets Across the World report, the global luxury crown now sits firmly upon London’s New Bond Street. The move is less a … Read more
Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, while New York’s Upper 5th Avenue and Hong Kong’s Causeway Bay retain their first and second place rankings, according to Cushman & Wakefield. The annual Main Streets Across The World report, now in its 29th edition, … Read more
Shopping thoroughfare overtakes Champs Élysées in Paris in ranking as tourism boom from weak pound boosts luxury sector
Sum paid for City skyscraper by Hong Kong food conglomerate Lee Kum Kee is highest ever for a single UK building
Luxury retailing continues to fuel trading and rental growth across prime pitches Hong Kong’s Causeway Bay top shop rent list Despite a backdrop of a slower global economy and continued uncertainty – notably surrounding the euro zone – global prime retail markets have proved generally resilient over the year to June, with rental growth driven … Read more