Page 8 - February 2020

uk news inbrief

TK MAXX IS READY TO BUILD UPON ITS FIVE GUYS LAUNCHES ITS ONE-

QUEENSGATE SUCCESS HUNDREDTH UK STORE H&M OPENS A NEW OUTLET
The opening of H&M at McArthurGlen
Designer Outlet Bridgend marks another step
Lendlease and Invesco Real Estate, the global real estate Premium burger brand Five Guys has in the affordable brand’s UK expansion, adding
investment manager, have announced that popular officially launched its 100th UK restaurant, to a portfolio of stores that already includes
fashion and lifestyle brand, TK Maxx, will join the having opened at 4 St Paul’s Churchyard more than 240 stores in the UK and Ireland.
retail offer at Queensgate Shopping Centre. They will opposite the iconic cathedral. This particular H&M first launched in the UK in 1976 and was
become the latest in a string of both international and prominent site was secured by leading founded in 1947 in Sweden.
independent brands to join the centre. Store works are specialist and dynamic UK leisure property
due to start in March ahead of opening next year. agency Shelley Sandzer, who also helped
The brand has secured a 37,500sq ft unit on Queensgate the brand find their first UK site, in Covent CHAIN CONTINUES ROLLOUT
Upper Mall where they will bring a vast selection of luxury Garden in 2013. The Urban-owned chain Anthropologie has
and well-loved brands and add to their extensive presence Alongside this latest opening, Five Guys opened a new 6,000sq ft store at 56 High Street,
across Europe. The store’s flexible no-walls design allows are launching their breakfast menu for the Winchester, Hampshire, working with Colliers
departments to expand and contract to reflect the latest first time in the UK, at the 5,000sq ft, 100 Internationals’ retail team on the takeover of
trends and changing consumer tastes. covers St Paul’s store and three others the former Jack Wills unit. The brand currently
across the country. This marks a significant has around 230 standalone stores globally.
milestone for the brand, with phenomenal
growth of 100 restaurants in six and a half
years. More openings are planned to take FLAGSHIP OPENS AT MAILBOX
place across 2020. Independent furniture brand, Lovett + Judge
has launched at the Mailbox, Birmingham’s
premier shopping and lifestyle destination. The
INGKA CENTRES ACQUIRES KINGS contemporary 3,000sq ft showroom provides
MALL SHOPPING CENTRE the perfect backdrop to Lovett + Judge’s range
of furniture, treasures and oddities.

Kings Mall shopping centre in Hammersmith, in inner city locations in response to global
London has been acquired by Ingka Centres, urbanisation trends, changing customer NEW SITE FOR SIGMA SPORTS
part of the Ingka Group from Schroeder beahoviour and the digitalisation of retail. Sigma Sports, the road cycling and triathlon
UK Real Estate Fund. Ingka Centres plan The property comprises 27,133sq m, retailer, has chosen Rutland’s Oakham for the
to transform the shopping centre into including the shopping centre car park opening of its second multisports store. Due
a new IKEA-anchored urban, mixed-use that comprises 604 spaces. The volume of to launch this spring, the 4,000sq ft shop on the
destination, helping to regenerate the investment including acquisition and future town’s South Street, will sell premium brands
Hammersmith area. redevelopment is approximately £170M. from across multiple categories.
The acquisition is Ingka Centres’ first in Gerard Groener, Ingka Centres’ Managing
the UK and represents a milestone for the Director, commented: “Our urban projects
company, which in 2018 announced a new are all about getting closer to more people, VERY.CO.UK ADDS 50 BRANDS
strategic vision and investment of €7.3bn and a revamped Kings Mall will be an ideal British online retailer Very.co.uk has added 50
THE LONDON RESORT HAS REVEALED NEW, CONCEPT ARTWORK, FOR THE SIX LANDS THAT WILL BE CREATED AS THE FIRST PHASE OF THE 535-ACRE SITE, THE EQUIVALENT OF 136 new beauty and fragrance brands to its portfolio
WEMBLEY STADIUMS. THE VISUALS ARE THE FIRST TO BE REVEALED SINCE THE LONDON RESORT ANNOUNCED ITS PARTNERSHIPS WITH THE BBC, ITV STUDIOS AND, MOST RECENTLY, to transform its business in response to the location for reaching millions of Londoners.
PARAMOUNT PICTURES. BILLED AS ONE OF THE MOST AMBITIOUS THEME PARK PROJECTS EVER IN EUROPE, THE LONDON RESORT WILL BE THE FIRST EUROPEAN DEVELOPMENT OF ITS changing retail environment. Hammersmith is a place where people as part of plans to expand its premium beauty
KIND TO BE BUILT FROM SCRATCH SINCE THE OPENING OF DISNEYLAND PARIS IN 1992. IT WILL EVENTUALLY BE A TWO-PARK RESORT, WITH THE FIRST OPENING IN 2024. Kings Mall will be the first mixed-use work, live and spend their leisure time, offering for its three million active customers.
project in a downtown location, anchored and we want to be part of it. It is one of The launches include brands such as Elemis,
SAMSUNG EXPERIENCE JD SPORTS SIGNS A NEW by an IKEA city store. These urban projects London’s main retail, commercial and Ren Clean Skincare, Cowshed, Emma Haride
and Iconic London.
are designed to complement IKEA retail’s
residential centres, and has excellent public
STORE TO OPEN THIS YEAR TEN-YEAR LEASE strategy of opening smaller format stores transport links.”

Hammerson announced that leading consumer electronics brand Unibail-Rodamco-Westfield has announced that JD Sports has
Samsung is to open a new Samsung Experience Store in its flagship signed a ten-year lease on a second store at Westfield Stratford
destination Cabot Circus, in Bristol. The new 5,000 sq ft unit is City, taking over the former Topshop unit. The 31,000sq ft store
expected to open in the Spring of 2020. will more than quadruple the space occupied by the brand at the
The new store will bring the brand’s latest mobile technologies to centre as they grow to fulfil demand and also renew the lease on
life, and showcase how multiple Samsung devices and services come their current space.
together to deliver a complete and harmonised experience; making The sports-fashion retailer, which has seen its shares rise by
consumers lives easier, more convenient, and more efficient. The final approx. 3,200 per cent in the past decade, has seen unprecedented
design of the unit is still to be confirmed, but it is expected to include success at a challenging time for retail. Meanwhile, Westfield
a number of Samsung’s unique curated experiences. London and Westfield Stratford City, with a combined annual
Andy Webb, Director of Samsung Experience Stores said: “We’re turnover of over £2bn, are also bucking the industry trend,
really excited to bring a new Samsung Experience Store to Bristol’s attracting over 80 million visitors each year including the recent
Cabot Circus, with a wide range of services to our customers. We’ll record breaking 363,000 visitors on Boxing Day.
be bringing our newest product line-ups, as well as offering visitors Westfield are also seeing an increasing trend of key retailers
unique Galaxy workshops and unrivalled tech support so they can requiring more space. Since 2018, 38 retailers have increased
learn and explore our industry-leading devices all in one space.” their space by a total of 173,000sq ft across both centres.

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