06

June

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New openings bolster Glasgow retail

Glasgow is home to some of the best retail in the UK:

  • Number 1 UK retail destination (outside of London’s West End)
  • £4.2 billion annual retail spend is the UK’s 2nd highest
  • £1 billion annual spend by 20 million day visitors

Already home to an abundance of luxury outlets, a number of new retails offerings have opened in recent months.

Joining the likes of designer fashion brands including Armani, Gant, Hugo Boss, Mulberry, Ralph Lauren and Cruise, Belstaff and Fred Perry have opened on trendy Ingram Street. Belstaff has signed a 10 year lease on a 2,175 sq ft shop. Next door, Fred Perry has moved into the 780 sq ft corner unit also on a 10 year lease.

Luxury fragrance brand Jo Malone has expanded its presence in Glasgow and moved into a larger boutique on Buchanan Street. While Kate Spade has opened a 165 sq m flagship store in Princes Square – only the second in the world to feature the brand’s new design concept.

And with new openings in the pipeline, Glasgow’s retail sector continues to thrive. 

For more information, please download the Glasgow Retail Prospectus (PDF 2MB).


Sources:

fDi Markets

https://fashionunited.uk/news/retail/belstaff-and-fred-perry-open-in-glasgow/2019050142928

https://www.eveningtimes.co.uk/news/17580829.jo-malone-launches-new-glasgow-store-with-a-tartan-twist/

https://www.drapersonline.com/news/kate-spade-to-open-new-store-concept-in-glasgow/7032086.article


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