Luxury fashion brand makes Manchester debut
Intu and M&G Real Estate have announced that Ralph Lauren has signed a lease to open a store on Manchester’s New Cathedral Street, further strengthening the offer at the fashion hub.
In further good news, Hugo Boss and Reiss have both recommitted to the street on 10-year leases.
The New Cathedral Street store will be Ralph Lauren’s first in Manchester.
The luxury fashion brand, which opened its first store in New York in 1968, has committed to a 2,280 sq ft store on a 10-year lease, where it will offer luxury men and women’s clothing, including high-quality sweaters, shirts, jackets, homeware and gifts.
Reiss, the global fashion brand, has renewed the lease on its 6,500 sq ft store, after performing well on New Cathedral Street.
In recent years, the brand has expanded in America, Australia and France, and will stock stylish, design-led menswear and womenswear.
Hugo Boss, the German luxury fashion house, has signed an extended lease for its newly-refurbished 15,825 sq ft store, which is a new concept for the brand.
The chain, founded in 1924, offers sophisticated, modern collections focused on quality and design. Their sharp cuts and clean lines in tailored, casual and athleisure collections have won them a loyal following the world over.
Kannika Mall, asset manager at M&G Real Estate, said on behalf of the joint venture: “The addition of Ralph Lauren, with its bold and timeless style, demonstrates the strength of Manchester’s retail market and cements New Cathedral Street as the city’s main luxury fashion destination.
“We have been focused on implementing a proactive asset management strategy to attract further luxury, high-end retailers to New Cathedral Street.
“The lease renewals from Hugo Boss and Reiss are fantastic news and reflect their strong performance in recent years, and their continuing confidence in the location.”
New Cathedral Street is a luxury retail destination in the heart of Manchester city centre. Intu and M&G Real Estate own and manage both Manchester Arndale and New Cathedral Street in a joint venture partnership.
