Lakeside mall adds to luxury offer with new brand expansion

By

Nigel TAYLOR

Published
Jun 6, 2023

Popular retail and leisure destination Lakeside has boosted its high end appeal announcing “significant” expansions for fashion retailer Boss and watch/jewellery stores TAG Heuer and Goldsmiths.

Owner property group SGS and mall manager Global Mutual said Boss has now signed to open a larger store at the centre, which follows the recent TAG Heuer and Goldsmiths expansions, bringing the total space let to permanent occupiers in the last 12 months to 170,000 sq ft.

Boss will expand into a 4,218 sq ft unit in a prime position in the centre. The store is now trading temporarily from the former Disney unit on the lower mall, near to the newly refitted River Island and to H Beauty. The expanded and refitted store will re-open in its former location in the summer.

Tag Heuer, meanwhile, has expanded into a larger showroom, with a contemporary interior reflecting its motoring heritage – with tones of grey and sleek, mirrored units. Completing the list is Goldsmiths, which has also expanded into a 3,714 sq ft space - to create Goldsmiths Boutique, “with a relaxed, experiential in-store environment”.

The news follows other recent additions, including regional flagships for Pull&Bear, Stradivarius and H&M Home, as well as a relocation for M&S.

Rob Detheridge, Asset Manager at Global Mutual commented: “These upsizes are testament to the strength of our relationship with the brands involved and to strong performance across existing stores to date.

“It also speaks to the compelling offer here at the centre more broadly. Retailers continue to target prime space like our own – where the location and the tenant mix is strong, meaning healthy footfall is guaranteed.”

“These expansions by household names will further enhance our offer, and we know visitors will welcome the news.”

Lakeside’s 1.6m sq ft centre attracts millions of shopper visits a year and is home to over 250 brands.