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.