Revealed
February 10, 2025
Outlet malls proceed to be among the many most profitable UK buying centres (malls normally being locations which are having fun with a very buoyant second) and the most recent title to enroll is Kate Spade New York.
This spring it can open a 2,408 sq ft retailer at Outlet Procuring at The O2, the suburban buying vacation spot in Greenwich, South London, that’s subsequent door to the O2 leisure hub.
It will likely be positioned on the outlet’s higher stage and importantly marks the model’s London outlet debut.
The shop’s design is impressed by parts of each uptown and downtown New York with the corporate saying the “nod to its heritage, and the merging of the two distinct neighbourhoods, celebrates the sophistication and creativity that are signature to Kate Spade, while capturing the essence of New York”.
It is going to add to the already intensive womenswear and girls’s equipment supply on the O2 and can function each seasonal and gifting collections throughout purses, small leather-based items, equipment, jewelry, footwear, ready-to-wear and extra.
As talked about, buying centres normally have been proving sturdy in latest durations and outlet centres have been a number one gentle.
The O2 itself loved a record-breaking 2024, with the vacation spot welcoming over 10 million guests and seeing a robust gross sales efficiency. Over 31,000 sq ft of latest retail was added final yr with gross sales up 6% vs 2023.