The stabbing took place outside early this morning at 4:04am today (January 1).
Police were called to the scene following reports of men “armed with knives” in the area near Bond Street Tube station.
A 25-year-old man was found by police with a stab wound at the junction of Oxford Street and South Molton Street.
He was taken to hospital, with police awaiting further updates on his condition.
Currently a crime scene remains in place and an investigation is underway.
There have been no arrests.
A Met Police spokesperson said: “At 04:04hrs on Wednesday, 1 January police were called to Oxford Street, just outside Bond Street Underground Station, following reports of men armed with knives.
“Officers attended and at the junction of Oxford Street and South Molton Street they found a 25-year-old man with a stab wound.
“He has been taken to hospital and we await an update on his condition.
“An investigation is underway and a crime scene remains in place.
“At this early stage there have been no arrests.
“Anyone with information is asked to call 101, providing the reference 2175/01JAN. Information can also be provided to Crimestoppers, anonymously, on 0800 555 111.”