The Coronation of Charles III has a retail value of £50 million in the West End

A three-day event that promises to mobilize the UK and beyond towards its capital. The ceremony was advertised as “modern and green” but would pay tribute to the symbols of the British monarchy. May 6 next Charles IIIThe Queen’s eldest son Queen Elizabeth IIwill become the fifth ruler of the royal house Windsor The London retailer is preparing for a huge bank holiday weekend (May 6-8) that could bring in sales of up to £50m (nearly €57m). To say it’s an estimate New West End Company (Nwec).

The occasion promises to be tempting for both the shops and the hospitality sector: in fact, Nwec has indicated that bookings for international travel to London, for the week in question, increased by 93% compared to the May 1 holiday last year. Even orders from the US are up to +144 percent.

“‘Uniquely’ British events, such as the coronation of a King, show our capital at its best. We are expecting a wave of domestic and international visitors drawn in by the possibility of making, in some sense, a part of history,” he told the British press. de CourcyCEO of Nwec.

“there West End recovery It’s on the right track – added Corsi – but to ensure it remains competitive globally, the UK needs to increase its attractiveness to high-spending international visitors. We strongly encourage the government to consider growth measures, such as reintroducing tax-free shopping and expanding range Sunday trading rules (the laws also regulating weekend opening hours), to ensure the long-term success of the British tourism economy.”

The request is in line with the various appeals that spokesmen for English fashion and luxury have made in recent months. Among the most recent, that Jerry Murphypresident barbaric Since 2018, which addresses the British Prime Minister directly Rishi Sunak To call for the restoration of tax-free shopping for tourists, he framed Brexit as a “growth brake” and “a resounding private target”.

Maggie Benson

"Bacon trailblazer. Certified coffee maven. Zombie lover. Tv specialist. Freelance communicator."

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