McArthurGlen Designer Outlet West Midlands signs raft of new brands
McArthurGlen has announced a raft of signings for its new designer outlet centre in the West Midlands.
With the development set to launch this spring, the latest signings include Coach, Kate Spade, Hugo Boss, Levi’s, Lacoste, Gant, Radley, Under Armour and Nike.
Tom Miklausic, UK leasing director at McArthurGlen, said: “We are immensely proud to be opening the UK’s only standalone shopping centre this year and returning to the market where our business began over 25 years ago, when we introduced designer outlet retailing in Europe with Cheshire Oaks. Our latest investment shows the huge confidence we have in the UK retail market and the appetite of our brand partners to continue working with us to grow their bricks-and-mortar channels.”
Brands already confirmed for the development include Tommy Hilfiger, Guess, Calvin Klein, Ted Baker, Reiss, Kurt Geiger, Adidas, Asics, Skechers and Joules.
Situated 30 minutes from Birmingham, McAthurGlen Designer Outlet West Midlands will house up to 80 brands in its first phase. Spanning 285,000 square feet in total over two phases, the centre will create 1,000 new retail jobs. In addition to shops and restaurants, the centre will include a children’s play area, a dancing fountain, bicycle parking, electric car charging points, beehives, and direct access to an adjacent nature reserve and its network of footpaths.
The £160 million project is a joint venture between McArthurGlen, Aviva Investors and The Richardson Family.
Darren Freed, director at Aviva Investors, said: “Investing in high quality designer outlets is in line with our strategic core objectives, so with its strong mix of international brands, exceptional location and six million customers on its doorstep, Designer Outlet West Midlands has all the ingredients to be a thriving, high-performing retail asset that provides a major boost to Britain’s retail landscape.”