Rank # 1. London (United Kingdom) could be considered the world’s retail capital, with 55.5% of the retail brands surveyed, having a presence in this vibrant city. London benefited from a mini-boom in 2011 as tourist spending boosted a relatively robust local economy, and remains a key hub for retailers looking to expand into Europe
Dubai (53.8% of retailers present) is the second most targeted city for international retailers, according to the 2012 edition of ‘How Global is the Business of Retail?’ by leading global property adviser CBRE. (Getty Images)
CBRE's annual survey - now in its fifth year - mapped the global footprint of 326 of the world's top retailers across more than 200 cities to identify trends in global retail expansion at national and local levels. According to the survey, New York (United States) is home to 43.9% of retailers. (Photo by Justin Sullivan/Getty Images)
The report found that retailers expanded into a wide range of markets in 2011, with 74% of the countries in the survey seeing at least one new retailer enter the market last year. Moscow (Russia) is ranked at No. 4 with 43.2% of retailers surveyed present in the city. (Photo by Julian Finney/Getty Images)
Fashion capital Paris (France) is home to 43.2% of the retailers surveyed by CBRE. Along with Moscow, it ranks at No. 4 in the survey. (Pictured left) The Galeries Lafayette store in Paris, France. (Photo by Pascal Le Segretain/Getty Images)
Hong Kong ranks at No.5 in the list with 40.5% of international retailers present here. (Photo by Lo Ka Fai/China Photos/Getty Images)
(Pictured) Front view of Corte Ingles departmental store in Madrid, Spain. Seventh-ranked Madrid has 39.9% of retailers present. The overall global footprint of retailers grew 2.1%, similar to the previous year, demonstrating that retailers continue to grow their cross-border businesses in spite of a challenging consumer environment. (Photo by Carlos Alvarez/Getty Images)
The report found that Middle East markets continue to attract an increasing number of international retailers, competing with established global retail centres. Riyadh retained key position in the top 20 of most targeted retail destinations, while Kuwait City moved up CBRE's ranking by four places to number eight, ahead of many established destinations. (Photo by Spencer Platt/Getty Images)
Rank #9. Barcelona (Spain), with 39.2% of retailers present. According to the CBRE survey, North American retailers are by far the most global, with 73% present in all three regions (Europe, Middle East and Africa; Asia Pacific; The Americas), compared with 44% of European retailers and 23% of retailers from Asia Pacific. (Photo by David Ramos/Getty Images)
At Rank 10 is Singapore with 38.9% of the retailers surveyed by CBRE having a presence here. (Photo by Suhaimi Abdullah/Getty Images)
Have you ever gone abroad for shopping? Which is your favourite destination? Please share by posting a comment below
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