Grosvenor buys stake in Roland Mouret
Grosvenor Britain & Ireland has made its first equity investment in an occupier by acquiring a minority stake in the Roland Mouret luxury fashion brand.
The investment has been made through Grosvenor’s Tenant Investment Fund which was established last year.
Grosvenor said the acquisition will support avenues for growth such as new business categories. Roland Mouret has operated a flagship store on the estate since 2011 at Carlos Place in Mayfair.
James Raynor, chief executive of Grosvenor Britain & Ireland, said: “Roland Mouret has been at the forefront of British fashion for over two decades. With an agile omni-channel strategy masterminded from its Mayfair base we’re excited to join them as an investor as they grow and diversify the business.
“Our Tenant Investment Fund is helping us step in to provide much-needed growth financing for strong businesses with clear diversification strategies. With c£5 million of transactions in the current pipeline, we’re seeing huge demand for this innovative support from brands we already partner with, right through to new retail and hospitality concepts.”
Known for its timeless womenswear collections, Roland Mouret’s clothing is sold via a worldwide network of boutiques and through a digital sales strategy.
Mark Langthorne, chief executive of Roland Mouret, added: “We are excited to partner with Grosvenor and build on our great relationship. As longstanding tenants on Carlos Place, we value their tremendous support for the local area during the pandemic and believe there is great synergy between our values to help realise our plans for future growth.”
