Ted Baker reveals new outlet plans at Gloucester Quays
February 27, 2017
Global lifestyle brand, Ted Baker has revealed it will open a new outlet store at Lifestyle Outlets’ Gloucester Quays later this year. The store will carry the British brand’s menswear, womenswear and accessory collections, including sunglasses, jewellery, and footwear. In keeping with its iconic design-led stores, Ted Baker will adopt a bespoke design, taking 204.4 sq. m (2,200 sq. ft) of floor space.
Ted Baker will join recent signings Levi’s, Skechers, Original Penguin and Phase Eight plus a host of leading brands at the waterfront shopping, leisure and entertainment destination. These include All Saints, Crew Clothing, Calvin Klein, Fat Face, Jaeger, Asics. Onitsuka Tiger, The North Face and Clarks Outlet, plus the shopping outlet is anchored by Next, Gap, M&S Outlet and Nike.
Jason Pullen, Managing Director of Lifestyle Outlets, said: “The strength of the Ted Baker brand, as one of the biggest lifestyle brands in the UK, added to our already strong line up of fashion names at Gloucester Quays is fantastic news and is set to increase our ever-growing footfall as well as attracting new shoppers. We look forward to collaborating with Ted Baker and bringing their vibrant personality into our innovative fashion campaigns and events at Gloucester Quays. We’re in a strong position as we move into 2017 and Ted Baker’s arrival provides further evidence that Gloucester Quays and our Lifestyle Outlets portfolio are creating a better generation of outlets, and appealing to lifestyle operators both nationally and globally.”
Gloucester Quays recently reported an increase in total sales by 19 per cent like for like over the festive season and significant growth across all retail categories.
Ted Baker was founded in Glasgow in 1988 by the CEO Ray Kelvin. The brand has grown from a single store shirt specialist, to the global lifestyle brand it is today; operating 135 stores, 297 concessions producing a turnover of £456 million globally. The brand operates within the UK and Europe, North America, the Middle East, Asia and Australia through a network of own stores, concessions and licensed partners.
Adrian Wright, Lifestyle Outlets Leasing Director, said: “Gloucester Quays is creating a major lifestyle and leisure experience and Ted Baker will add to the already strong line up of high quality brands at the centre. As we head into 2017 occupier interest in Lifestyle Outlet Gloucester is strong, and the centre continues to significantly grow footfall and sales.”
Lifestyle Outlets has reported a record year with sales at an all-time high at its two outlets – Gloucester Quays and Lowry Outlet MediaCityUK Manchester. 2016 resulted in a huge 14% overall increase in sales YOY and 10 new store openings across both sites. Strongest performing categories included Footwear, with a 41% rise across the two centres, including strong sales at Clarks Outlet, Skechers and Trickers and Mixed Fashion, which was up 23%, with record sales at All Saints, Jaeger, Calvin Klein, Gap and Tessuti. Outdoor and Sport saw a 20% sales increase, with strong sales performances from Nike, Asics, Gloucester Rugby and Regatta.