00:00Famous high street brands are looking to leave their Oxford Street location because they are not attracting enough shoppers.
00:08The owners of Park House, which is home to Pandora, Swarovski, Bershka, Urban Outfitters and the flagship River Island store,
00:17said the retailers want to exit their lease at the earliest opportunity.
00:22This comes as Oxford Street goes through a £1 billion transformation
00:26after being blighted by empty units and American-style candy stores since the pandemic.
00:33Westminster councillor Patrick Lilley, deputy member for economic development,
00:38told a Westminster council planning meeting,
00:41I think Oxford Street is about to enter its new era.
00:44Allowing a premises to innovate, I think it's really helpful.
00:48Pandora said no decision has been made on leaving its Oxford Street location.
00:53The Standard also contacted River Island for comment.
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