London’s Regent Street has always been popular with more affluent tourists, so when Covid-19 hit, many shops in the area suffered financially. — Pexels
Regent Street, London’s premiere shopping thoroughfare, is struggling to shake off the lingering effects of Covid-19.
Store vacancy levels, at a record 12%, are almost twice what they were at the end of 2019, while asking rents for the best space on the street have fallen by more than 30% during the pandemic, according to Savills.
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