LondonNet News Headlines
04/04/04
euro-Mall to Open off Carnaby Street
- European currency accepted in all 31 shops of new development

CARNABY STREET and its surrounding area has seen a lot of redevelopment in recent years to turn it into a cosmopolitan shopping zone, a process which goes a step further tomorrow when 31 shops at Kingly Court will accept euros as well as pounds.

"Carnaby Street is a cosmopolitan area that attracts a lot of tourists," said a spokesperson for property developer Shaftesbury, which owns parts of the area. "We want to cater for them."

Kingly Court's euro-mall is likely to add to the upmarket feel that's been created in the area over the past half-decade with designers like John Richmond, Pam Hogg and Jean Paul Gaultier all taking advantage of the new shop spaces that have been made available.

Some London tourist experts see the Kingly Court scheme as a glimpse of the future when the vast majority of central London shops will take euros, whether or not the UK central government ditches the pound in favour of the continental currency.




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