This infographic puts retail rents on the world’s most expensive shopping streets into perspective. Prices per square foot are often quoted in the press, but when you see the figures expressed in terms of products to be sold the eye watering costs really hit home.
And the most expensive street? New York’s Fifth Avenue retained the top spot again this year, followed by Causeway Bay in Hong Kong in second place. Paris’s Avenue des Champs Elysee came third with London’s New Bond Street fourth.
I wonder how many companies with a presence on one of these streets sacrifice profit for prestige?
Image Credit: Fashion United