Covent Garden
This coverage focuses on Covent Garden’s role within the UK retail and hospitality sector, examining store openings, brand activations, leasing activity, and footfall trends in this prominent London destination. Reporting is tailored to retail managers, landlords, brand executives, and planners interested in location strategy, consumer engagement, and the commercial performance of flagship and boutique formats in a key retail district.
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Jan- 2024 -10 JanuaryClothing & Shoes
Axel Arigato to open flagship store in Covent Garden
Axel Arigato, the Swedish footwear brand, is set to open a new flagship store in Covent Garden in 2024. Located in Covent Garden’s Seven Dials, the entrance of the lifestyle brand spotlights Covent Garden’s position as a destination for international, high quality, fashion retailers. A ‘people-powered’ lifestyle brand, Axel Arigato…
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Dec- 2023 -11 DecemberNews
Tissot opens flagship boutique in Covent Garden
Tissot, the Swiss watch brand owned by the Swatch Group, has opened its debut flagship boutique in Covent Garden, representing the brand’s only standalone store in the UK. This new location marks a significant milestone for Tissot as it continues to expand its presence in one of London’s shopping destinations.…
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1 DecemberNews
Seven Dials enhances retail offer
Shaftesbury Capital has announced that five new brands have joined the Seven Dials neighbourhood located within its Covent Garden portfolio. Incorporating a mixture of UK debuts and permanent brick-and-mortar locations, these new additions continue to demonstrate the destination’s ongoing appeal in attracting independent and innovative brand debuts, as well as…
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Nov- 2023 -17 NovemberNews
Luxury perfumier Creed opens flagship Covent Garden store
Shaftesbury Capital has announced that Creed, the luxury authentic perfume house, has opened its flagship store in Covent Garden, unveiling its new store design and third standalone boutique in the UK. Dedicated to the creation of artisan fragrances, heritage brand Creed has garnered a reputation as “one of the world’s…
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Oct- 2023 -16 OctoberNews
Covent Garden welcomes 16 new retail brands in six months
Shaftesbury Capital has signed 16 new retail brands across its Covent Garden estate in the last six months, cementing the area as one of central London’s leading retail destinations. Recently HOKA, the running shoes and apparel brand, and Balibaris, the international menswear label, opened their first ever retail location in…
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12 OctoberNews
Arc’teryx to open new Covent Garden flagship
Shaftesbury Capital has announced that Arc’teryx, the Canadian high performance outdoor apparel and accessories brand, will be significantly upsizing to a new 8,000 sq ft flagship store at 42 King Street in Covent Garden. This latest move reaffirms the brand’s commitment to, and success within, the destination, reinforcing Covent Garden’s…
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5 OctoberNews
Today’s news in brief-05/10/23
Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT operations. TCS will implement cloud-based ERP platforms to streamline various processes including supply chain forecasting, buying, and merchandising. This move aims to enhance customer experience, innovation capabilities, and maintain market…
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5 OctoberNews
Hoka opens news London flagship store in Covent Garden
Hoka, a division of Deckers Brands, has announced the launch of its first ever retail location in Europe at Shaftesbury Capital’s Covent Garden, located at 2-3 James Street. The 1,750 sq. ft flagship store showcases the full line of footwear, apparel, and accessories under one roof for the first time.…
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Jul- 2023 -13 JulyClothing & Shoes
Uniqlo owner on track to deliver 25% rise in Q3 profits
Fast Retailing, the parent company of Uniqlo, expects to deliver an increase of 25% in profits in the third quarter, following strong growth across all of its markets. Meanwhile, the group raised its full-year financial guidance in April from £2.1bn to £2.2bn after experiencing strong half-year growth in Europe and…
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Jun- 2023 -20 JuneSport & Leisure
Peloton UK losses widen to £210m
The UK arm of Peloton has announced losses of £210m for the year ended 30 June 2022, nearly double the £81m loss it posted last year. Furthermore, the company saw a 13% decrease in turnover from £147m down to £128m. Peloton attributed the decrease in turnover down to slowing sales…
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