Calvin Klein and Tommy Hilfiger sign up to new designer outlet ahead of summer launch
Cotswolds Designer Outlet has announced labels Calvin Klein and Tommy Hilfiger as the latest brands to join the line up of retailers ahead of the multimillion-pound development’s summer opening.
Following quickly on the heels of the first 44 brands announced earlier this month, the latest commitment from Calvin Klein and Tommy Hilfiger brings Phase 1 to 87% exchanged on 119,150 sq ft.
With more names to be announced in the coming weeks, this interest from British and global premium brands has resulted in an strong pre-letting status with the scheme now on target to be 98% full ahead of opening.
The only new retail scheme opening in the UK this year, Cotswolds Designer Outlet is being brought forward by leading regional developer and investor Robert Hitchins with Multi-Realm, the specialist manager of retail and leisure destinations.
Global fashion label BOSS was announced earlier this month, alongside fashion, athleisure, beauty and homewares brands such as Marks & Spencer, Adidas, Levi’s GUESS, Radley, Sweaty Betty and Under Armour while dining brands include Wagamama, Zizzi, Five Guys, Pret a Manger, Caffe Nero, 200 Degrees and Knead Bakery.
Simon Tothill, property and development director at Robert Hitchins, said: “Calvin Klein and Tommy Hilfiger are an incredible addition to the line-up, and with more names to be shared soon, there is a hugely compelling story for the many retail brands who are already expressing interest in Phase 2. This project has been many years in the making, a long-term vision to bring forward an exceptional retail-led development in this strategic location that would provide an economic boost with huge jobs opportunities for the region, and a vibrant retail and dining offer at its heart.
“We’re now at a particularly important milestone in the build programme, as we hand over to retailers and brands to commence their individual shop-fits. With only a few more weeks to opening, all our teams, consultants, contractors and partners are working together to fine tune the details for what will be the go-to shopping destination for visitors from near and far; enjoying a full day out in a beautifully designed, Cotswolds-inspired retail setting.”
Multi-Realm has been leading on the leasing activity at the designer outlet and will manage and operate the asset once it is completed.
Christine Grace, leasing director at outlet specialist Multi-Realm, added: “There is a phenomenal momentum as we get closer to opening, and welcoming premium brands such as Calvin Klein and Tommy Hilfiger alongside BOSS, Radleys, GUESS, Rituals and more, is a real testament to the premium quality and elevated experience that we are creating here at Cotswolds Designer Outlet. Having curated this stellar line-up of retail and dining brands that complement a full day out as part of the destination appeal of the Cotswolds, it is no surprise that we are already receiving strong interest from brands keen to be part of the Phase 2 programme.”
With the success of the Phase 1 letting established, Robert Hitchins and Multi-Realm are expecting to bring forward Phase 2 of Cotswolds Designer Outlet earlier than originally anticipated, which will extend the outlet provision by a further circa 50,000 sq ft.
