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Lakeside enhances luxury offer with store expansions

The Lakeside retail and leisure destination has extended its international luxury line-up with three significant upsizes. BOSS is to open a larger store at the centre by… View Article

FASHION RETAIL NEWS UK

Lakeside enhances luxury offer with store expansions

The Lakeside retail and leisure destination has extended its international luxury line-up with three significant upsizes.

BOSS is to open a larger store at the centre by expanding into a 4,218 square foot unit this summer while TAG Heuer has recently launched an upsized 431 square foot showroom.

Meanwhile, Goldsmiths has expanded into a 3,714 square foot space to create Goldsmiths Boutique which aims to offer a relaxed, experiential in-store environment.

The news means the total space let to permanent occupiers at Lakeside in the last 12 months is now 170,000 square feet.

Situated in Essex, Lakeside is home to 250 brands. News of the upsizes follows new additions to the centre, including regional flagships for Pull & Bear, Stradivarius and H&M Home, as well as a relocation for Marks & Spencer.

Rob Detheridge, asset manager at Global Mutual, said: “These upsizes are testament to the strength of our relationship with the brands involved and to strong performance across existing stores to date.

“It also speaks to the compelling offer here at the centre more broadly. Retailers continue to target prime space like our own – where the location and the tenant mix is strong, meaning healthy footfall is guaranteed. These expansions by household names will further enhance our offer, and we know visitors will welcome the news.”

Joint agents P-Three and Lunson Mitchenall worked with Global Mutual on the deals.

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