UK: House Of Fraser Moves Into The Square Mile
House of Fraser, the UK department store group, today announced plans to open the City of London's first department store. The company has signed an agreement under which it intends, subject to planning permission, to create a store with approximately 55,000 square feet of selling space over five floors in the heart of the Square Mile.The store will front King William Street and look out over London Bridge. Due to open in 2002, the store will create more than 200 new jobs in the City.John Coleman, chief executive of the company, said today: "This is an imaginative development and our store will preserve the best character of the City of London externally while creating a contemporary store with exciting ranges of designer fashions both for those who work within the Square Mile and those who live in and around the City."The City of London has already demonstrated a strong demand for high quality retail and we believe our decision to develop this store will ensure the City's place as a genuine shopping destination. The City has an enormous catchment area, not only the tens of thousands who work there during the week but the large residential populations both north and south of the Thames who we believe will welcome the introduction of a top store on their doorstep."The company invested over £30m in new look stores offering extensive ranges of the latest designer fashions for men, women and the home at its Oxford Street, London and Guildford sites, both to be launched this Autumn, as well as a new store in High Wycombe.These follow the openings of House of Fraser's stores in Bluewater, Kent and in Reading last year, as well as the relaunch of the Barkers store in Kensington.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- China leads US apparel sources with falling prices
- Vietnam grows share of US apparel imports in 2016
- Hard hit Turkish industry is not knocked out
- US apparel sector braces for potential cost hikes
- Trade Tracker – Trump's first weeks, Brexit agenda
- VF Corp sees Q4 and FY earnings tumble
- US Q4 in brief – Macy's, Walmart, VF Corp
- Adidas and Burberry recognised for sustainability
- Bangladesh "high threat" for terrorist activity
- Bangladesh crackdown has cost garment sector $100m
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Global market review of lingerie – forecasts to 2022
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar