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Angel Central builds momentum after strong 2023 results

Angel Central finished 2023 on a high with a sales increase of 16% compared with 2022. The Islington shopping destination also benefited from a 4% uplift… View Article

GENERAL MERCHANDISE NEWS

Angel Central builds momentum after strong 2023 results

Angel Central finished 2023 on a high with a sales increase of 16% compared with 2022.

The Islington shopping destination also benefited from a 4% uplift in transactions as footfall rose by 6.4%.

The news follows the recent opening of a new 1,969 square foot Office store at the Upper Street entrance to Angel Central and the refurbishment of the adjacent unit for long-standing tenant Accessorize.

A spokesperson from Office said: “Our London stores have always performed well within our portfolio, and it’s exciting to add Angel Central to the mix.

“It is a high-performing destination with a real community feel, delivering us with a prominent unit in a high footfall area. We are excited to showcase our collections of footwear to Islington and embedding ourselves within the destination.”

Other brands with a presence at Angel Central include the likes of Uniqlo, H&M, MUJI and Rituals.

Louisa Butters, head of retail asset management UK at CBRE Investment Management, said: “In 2023 the destination continued to flourish with new additions such as Office, which carries a seamless and established omnichannel experience, an aspect we always strive to integrate into our scheme to make it as accessible and appealing for visitors as possible.

“Alongside Accessorize, these openings have meant that we have started 2024 in a strong position, with more to come to help Angel Central thrive.”

 

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