Savills news and archive

Anine Bing to open first store in the UK

US womenswear label Anine Bing is set to open its first store in the UK, in London’s Mayfair next month in time for Christmas. The premium label has taken a 10-year lease on a two-storey unit located at 3 Grosvenor Street. Formerly occupied by Starbucks, the 1,340 square foot store spans across the ground floor and basement. The store is...

RetailFeatured

Luxury watch brands missing opportunities in London, New York

London and New York are missing opportunities for luxury watch makers who are seeking expansion in 2018. According to Savills, the international real estate advisor, 44 percent of brands that operate standalone boutiques globally are not yet present in either city. By contrast, the company says 73 percent of such brands already have a boutique...

Management

Oxford Street to welcome 26 new flagship stores by 2019

One of London’s prime retail areas, Oxford Street, is expected to welcome no less than 26 new flagship stores by the end of 2016 - further cementing the street reputation as one of the top shopping districts in the city. This new slew of flagship store openings comes after 11 retailers such as JD Sports, Matalan and Jackamo set up shop on Oxford...

Apparel

UK shopping center investments on the rise

British shopping centers investment volumes grew 70 percent to 4.58 billion pounds in 2013, up from 2.7 billion pounds in 2012, according to a recent analysis released by Savills Research, international real estate services firm. The firm has previously predicted shopping centers investment volumes to rise to 4.5 billion pounds by the end of...