High-End Retailers Alberta Ferretti and Ermenegildo Zegna Find Home in Cadogan’s New Development.
Ermenegildo Zegna is the latest brand to sign up to a new flagship store on 201-206 Sloane Street, completing the tenant line-up of the luxury development and cementing the street’s reputation as one of London’s top luxury retail destinations.
Cadogan’s new development totals 18,000 sq ft of flagship space and is the first of its type in years. The demand for the units was high and the Estate has secured some of the world’s top designer brands as new tenants for Sloane Street. Ermenegildo Zegna will join Alberta Ferretti and a major international men’s luxury brand, who will also be taking retail space within the development.
Ermenegildo Zegna will be taking over 4,000 sq ft, Alberta Ferretti has taken 6,000 sq ft while the remaining 8,000 sq ft will be taken by the high profile international brand. This year has seen several other top luxury brands come to the area, with Roberto Cavalli opening a larger flagship store on 20-22 Sloane Street earlier this year more than doubling its original store size, as well as Loro Piana doubling their sales space at 47/48 Sloane Street up to 4,000 sq ft.
Hugh Seaborn, Chief Executive, Cadogan Estates, commented:
“London has overtaken Milan, New York and Paris as a fashion capital of the world in recent years. I am delighted that we have secured these pre-eminent luxury brands that are testament to the continued success of Sloane Street as a place to visit for luxury, refinement and exclusivity.”
Cadogan Estates were advised by CBRE and Nash Bond; Michael Horwitz & Co advised Ermenegildo Zegna. Cushman & Wakefield acted on behalf of Alberta Ferretti.
Source: CBRE 25. October 2012