VICTORIA’S SECRET TAKES FIRST UK STORE OUTSIDE LONDON  GLOBAL RETAILER SIGNS UP FOR 10,000 SQ FT STORE IN TRINITY LEEDS

Land Securities, the UK’s largest commercial property company has announced that global lingerie retailer Victoria’s Secret will open a 10,000 sq ft flagship store in the heart of Trinity Leeds.

The flagship store will be the first to open outside of London, following the US-based retailer’s Bond Street store opening this summer. The 10,000 sq ft retail space is the latest lettings announcement from Land Securities regarding Trinity Leeds, the 1 million sq ft retail and leisure destination opening on 21 March 2013.

Ashley Blake, Director of Retail Portfolio Management at Land Securities said:

“Victoria’s Secret is a significant addition to Trinity Leeds, and we are delighted that it will be home to the global retailer’s first flagship store outside of London. Trinity Leeds has seen unprecedented leasing progress in the run up to its opening on 21 March next year.

“We see this latest partnership as yet a further vote of confidence in Trinity Leeds as a leading retail destination, with another global retailer choosing Leeds as its second UK outpost.

“Trinity Leeds offers the right space for retailers, and in the right place. Despite tough market conditions we have seen confident commitment from retailers such as Victoria’s Secret who are committed to Leeds and to our 1 million sq ft development.”

Once Trinity Leeds is open it will take Leeds into a top ten city within the UK retail hierarchy and will transform leisure and retail in the North of England.

Trinity Leeds is the only major retail and leisure destination under construction in the UK. Following the announcement of Victoria’s Secret’s 10,000 sq ft store, Land Securities confirmed that Trinity Leeds is now 84% pre-let or in solicitors’ hands ahead of its opening on 21 March 2013.

In the UK, the underwear retail market is estimated to have grown by over 6 per cent in the past five years to over £2.6 billion. Experts forecast that the market will continue to grow, reaching almost £2.9 billion in 2013, growth of over 9 per cent on today’s market size*.

Victoria’s Secret new flagship store will sit alongside other leading international brands in Trinity Leeds, including Mango, Hollister, Superdry, Topshop/Topman, H&M, Marks & Spencer’s, Primark, Everyman, D&D London.

 


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