Major Fashion And Leisure Tenants Sign Up At Buchanan Galleries
Land Securities, the UK’s largest commercial property company, has announced that three fashion and three leading food and beverage brands have signed on alongside the three anchors at the eagerly-awaited Buchanan Galleries development.
Superdry and Mango along with acclaimed leisure operators D&D London and Living Ventures Group have all signed to the 111,484sq m retail and dining destinations in Glasgow. Global fashion brands Mango and Superdry have grasped the opportunity to take a strong and prominent foothold in the city, taking 17,000sq ft and 15,000sq ft respectively. D&D London has chosen Glasgow to open its first restaurant in Scotland, taking a 10,000sq ft unit, while Living Ventures Group will open in Glasgow with Artisan Kitchen+Bar and The Alchemist, taking 13,000sq ft and 7,000sq ft of space.
When complete in winter 2017, Buchanan Galleries will house over 100 shops, 25 restaurants and a state-of-the-art multi-screen Showcase Cinema de Lux, which will include a VIP gallery bar and lounge.
Flagship River Island Unveiled
River Island is at the heart of fashion retail and its new 19,700sq ft flagship store at intu Victoria Centre, Nottingham is expected to open by Christmas.
The store will house the retailer’s mix of stylish, yet affordable, collections. It will also signify a key milestone in the centre’s remodelling and refurbishment programme.
intu is currently mid-way through a £40M upgrade of intu Victoria Centre which includes new interiors, new entrances and a new two tiered catering cluster around the Grade II Listed Clock Tower. Completion of the project in summer 2015 will mark the end of the first phase of a three-phased investment programme. Phase 2 will be the transformation of intu Broadmarsh after which intu will return to focus on the 540,000sq ft
northern extension to intu Victoria Centre which received planning consent earlier this year.
American Eagle Lands in the UK
US mid-market fashion retailer American Eagle Outfitters has opened its first UK store at the Westfield London shopping centre. This first store has been quickly followed by a store at the Westfield Stratford mall and a store at Bluewater. Both of the London stores trade from two-floors across 10,000sq ft.
Pride of place is given to denim with large denim shop-in-shops being a feature and with multiple fits across a range of colours and sizes. In the mid-shop, the fit-out is a combination of grey metal and plain wood on casters, meaning that the stores can be re-merchandised easily.
Commenting on the retailer’s arrival in the UK, Simon Nankervis, Executive Vice President said: “The brand’s changed since 2011 and we’ve moved from being a US retailer to a global retailer.”
Broadgate Circle Development Welcomes New Tennants
Broadgate Circle, the food, drink and leisure scheme at Broadgate, will see the entry of Hakkasan Group’s Yauatcha and The Botanist from EM Group.
Yauatcha is a contemporary dim sum teahouse with a flagship location in Soho, where it holds a Michelin star. This will be Yauatcha’s second UK location and its first in the city, it has taken a 7,220sq ft space on a 15-year lease. The Botanist has taken the 8,180sq ft terrace bar on a 20-year lease. It will be the latest restaurant and bar from the award-winning ETM Group.
Other restaurants debuting in the city include Aubaine, Shoryu Ramen and Comptoir Libanais. Broadgate Circle will re-open in spring 2015 with 11 high profile brands with an all-day, six-day week offer. Following these signings, Broadgate Circle is over 90 per cent pre-let or under offer.
Bugatti Opens First Lifestyle Boutique in London
The British capital has been lit up in the traditional blue of Bugatti, as the company has opened its very first lifestyle boutique on Brompton Road in the exclusive Knightsbridge district.
Following the successful launch of its lifestyle collection in Milan last year, this is the next major step in the French super sports car manufacturer’s brand extension strategy. Up to 30 additional exclusive Bugatti boutiques are due to be opened in key international financial and fashion hubs over the next five years.
At 24-26 Brompton Road, the boutique and its collection reflect the identity of Bugatti. In keeping with the brand’s motto of ‘Art, Forme, Technique’, the store conveys Bugatti’s exceptional technical performance and the exclusive luxury of the brand. The interior of the boutique is divided into two areas, the EB - Ettore Bugatti Collection is displayed in the luxury/lifestyle area, while the Bugatti - Performance Luxury Collection is presented in the sports/performance area, which is in sharp contrast with the first area.
Wolfgang Dürheimer, President of Bugatti Automobiles, commented on the opening saying: “Bugatti is not only synonymous with state-of-the-art technology and stunning performance in the automotive sector, but also a unique lifestyle in keeping with the artistic roots of the Bugatti family. Our lifestyle collection was a successful first step, which paved the way for this boutique.”