London’s SELFRIDGES defies crisis and reports 16% sales increase over Christmas holidays

One of the leading London luxury department stores SELFRIDGES has reported a 16% increase in sales over the Christmas season, outperforming other department stores such as LIBERTY, JOHN LEWIS (Oxford Street) and MARKS & SPENCER’S (Marble Arch). Market analysts attribute the growth not only to the strong increase in sales to affluent British nationals but also tourists mainly from Asia and Middle East.