Paris, London and New York: Major Thoroughfares at the Heart of Retail Revolutions

September 23rd, 2025
A comparative analysis of the Champs-Élysées and other iconic global retail thoroughfares

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This report marks the second installment in Newmark’s research series on the Avenue des Champs-Élysées. The first report, The Renaissance of the Champs-Élysées, explored how Paris’s successful Olympic bid reshaped the avenue’s commercial dynamics.  

Building on that foundation, this new benchmark study expands the lens beyond Paris, comparing the Champs-Élysées with three other world-renowned high streets: Fifth Avenue in New York, Regent Street, and Oxford Street in London. Together, these avenues remain the most powerful retail stages worldwide. As retail enters a “third golden era,” technology and AI are transforming flagships into cultural touchpoints, with brands investing heavily in experience, digital innovation and storytelling. 

What you’ll learn in this report:

  • How the Champs-Élysées is evolving into a luxury and lifestyle powerhouse.
  • What’s fueling Fifth Avenue’s record-breaking performance and Oxford Street’s revival.
  • Why experience-led formats are becoming the anchor of retail storytelling.

In the video below, hear directly from the Newmark researchers behind this study.