SKECHERS TO OPEN NEW STORE AT TELFORD SHOPPING CENTRE

February 18, 2020

Sovereign Centros, on behalf of Orion Capital Managers, has signed Skechers to open a store within the new Fashion Quarter, Telford Shopping Centre.

Skechers has signed a 10 year lease on a 2,936 sq ft store and will open this Easter.

The US-footwear brand joins an impressive list of recent openings at the Fashion Quarter including Superdry, H&M, River Island, New Look, Next, Jamaica Blue, Coffee Number 1 and Deichmann, with the latter currently fitting out their new store.

Mike Thomas, Senior Asset and Development Manager at Sovereign Centros

commented: “We continue to outperform national shopping centre trends at the Telford Centre, with footfall up 10% over the past year. The recent signings are testament to a clear strategy and vision for the exciting Fashion Quarter. Across the board, we have delivered a major transformation for the centre and have confirmed the schemes position as the dominant retail destination in the catchment.”

The Telford Centre incorporates over 1 million sq ft of retail and leisure space, attracts in excess of 15 million shoppers a year and is anchored by Marks & Spencer, Debenhams and Primark.

Savills and Cushman & Wakefield advised Sovereign Centros.

 

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