King’s Road Spend Report for May 2023


  • Sales in King’s Road in May 2023 were -4% down on the same month in 2022, which was weaker than Marylebone, Sloane Square, and Knightsbridge. Compared to May 2019, sales in King’s Road were down -7%, matching Sloane Square but considerably behind Knightsbridge and Marylebone.​
  • Customer numbers were up +1% compared to May 2022, although they were down -3% compared to May 2019. Average Revenue Per Customer (ARPC) declined by -5% compared to May 2022.​
  • All four of the largest retail sectors (Fashion, Food & Drink, Grocery and Health & Beauty) experienced a drop in year-on-year sales, with the weakest being Grocery which was down -17%. Food & Drink is the only one of these sectors that has experienced sales growth on a year-on-2019 basis (+3%).​
  • The share of sales to customers from Chelsea & Kensington in 2023 averaged 27% which is closer to the 2019 average of 26% than the average of 29% in 2022.​
  • Share of sales to customers from West London increased from an average of 9% in 2019 to 11% in 2023. Over the same period, by contrast, the share of sales to customers from the Rest of GB decreased from 38% to 35%.

Find the full report here.