The State of London Luxury 2025 Report, published by Walpole in partnership with Cadogan

Showcasing London’s enduring allure amid global change, the State of London Luxury 2025 reaffirms the capital’s unrivalled position at the pinnacle of the world’s luxury stage

Walpole, in partnership with Cadogan, has released the third edition of The State of London Luxury, a definitive study that reaffirms London’s role as Europe’s most powerful luxury market and one of the world’s leading cultural and commercial capitals.

Despite global turbulence — from shifting geopolitics to evolving consumer sentiment — the report depicts a city that continues to thrive through resilience, creativity and magnetism. Anchored by an unrivalled concentration of wealth, London remains a haven for the world’s most affluent, while its flourishing dining, retail, cultural and hospitality scenes reinforce its unique allure.

Helen Brocklebank, CEO of Walpole, comments: “London has more centi-millionaires than any city in Europe, but its enduring strength lies in its ability to combine world-class experiences with compelling storytelling and a spirit of collective ambition. The prize is there for the taking if we continue to invest with confidence and panache.”

Tourism remains a cornerstone of this ecosystem, with international arrivals rising 9% in 2024 and high-end visitors spending 14 times more than the average tourist. From Michelin-starred gastronomy to world-renowned culture and iconic retail, the capital offers a layered luxury experience unmatched anywhere else.

Yet challenges persist, notably the absence of tax-free shopping, which continues to place the UK at a disadvantage against European competitors. Hugh Seaborn, CEO of Cadogan, emphasises: “Our strength lies in creating beautiful, characterful destinations that provide a stage for businesses to thrive. To ensure London’s luxury scene continues to enchant both locals and international visitors, we must keep investing in this vibrant ecosystem — and keep campaigning to restore tax-free shopping so the city can compete on a level playing field globally.”

Ultimately, the report concludes with confidence: London’s crown as a global luxury capital is not only secure, but shines ever brighter, with the promise of continued growth, creativity and cultural influence ensuring the city’s place at the very forefront of the international luxury stage.

Read the full report here

 

Related
Articles

The Trafalgar – First New Pub in a Century on the King’s Road – to Open this October

Chelsea named Top London Destination in the UK Vitality Rankings

Chelsea History Festival is back! – 24th – 28th September

Chelsea Arts Festival – 18th – 21st September 2025

What Are You Looking For?

If you have specific criteria, please do get in touch. (There are always upcoming properties that are in the process of being prepared for market.) Please note, all our properties are let unfurnished and the shortest let we offer is 12 months.

Please fill out your details below and we will get back to you as soon as possible.

Your details

Property Name:

All data shared will be treated confidentially and conform to UK GDPR legislation. For further information on our privacy policy please see HERE

Book Viewing

Please fill out your details below and we will get back to you as soon as possible.

Your details

The State of London Luxury 2025 Report, published by Walpole in partnership with Cadogan

All data shared will be treated confidentially and conform to UK GDPR legislation. For further information on our privacy policy please see HERE