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Mango to open new store at Festival Place Basingstoke

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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Fashion retailer Mango will open a new store at Festival Place shopping centre in Basingstoke later this year, expanding its UK presence.

The 7,104 sq ft unit will stock the Woman and Man collections and will feature the brand’s “New Med” store design, inspired by Mediterranean textures and materials.

Mango is the first “major tenant” to sign at Festival Place since MDSR Investment acquired the centre in April for £99.1m. 

The shopping centre spans 1.2 million sq ft and houses more than 180 retailers, with an annual footfall of over 19 million.

The opening is part of Mango’s 2024–2026 strategic plan, which targets 500 new stores worldwide by 2026, including 20 in the UK in 2025. 

At the end of 2024, the brand had more than 80 UK stores alongside its e-commerce sites.

Ross Campbell, director and head of asset management at MDSR, said: “The key focus of our asset management strategy since MDSR’s purchase of Festival Place has been to improve the fashion offering at the centre. Mango’s arrival marks a strong start to this programme.”

Neil Hockin, joint managing director and head of leasing at Lunson Mitchenall, added: “It’s a significant milestone that Mango has chosen Festival Place for its flagship store – its offer aligns with the customer demographic and fills a clear gap in the local market.”

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