Shoppers spent around £50 million in London's West End last weekend, as high street retailers ramped up pre-Christmas discounting.
The New West End Company (NEWEC) said that despite the economic downturn shoppers were spending on a par with last year.
NEWEC head of communications and operations Jace Tyrrell said: "We get a lot of tourists anyway and it was particularly busy with shoppers from Europe because of the favourable exchange rate."
Tyrell said that footfall in the Oxford Street, Regent Street and Bond Street was up 2.1% last Sunday year-on-year, although Saturday's traffic was a little down.
West End footfall for the week to to December 8 was up 2% on the previous week. This was boosted by a traffic free day on December 6 in Oxford Street and Regent Street, which saw 1.5 million shoppers visit the area.
Footfall across the UK fell back 9.1% last weekend according to Experian.