LDO finalises anchor tenantsThursday, 18 October 2012
Property investment and development company Quintain has announced that footwear brand
Clarks has signed up as the final anchor tenant for its new designer outlet destination, London Designer Outlet in Wembley.
Clarks has signed a 10-year lease and will open the 5,295 square foot store next year, joining Marks & Spencer, Gap, Nike, Superdry, Guess and US fashion brand Max Studio as an anchor tenant.
Phil Cottingham, head of retail at Quintain, said: "We are delighted to have signed such a prestigious British brand at Wembley. Clarks will be a major draw for local shoppers and international visitors alike, completing the strong line-up of international outlet brands.
“LDO will be London's only designer outlet, so it’s essential that we offer strong retail brands that are familiar names both in the UK and to overseas shoppers. To this end, LDO and Clarks are a perfect fit.”
A spokesperson from Clarks, added: “Millions of the tourists flocking to London every year view shopping as a highlight of their visit. LDO will offer both Londoners and international tourists a unique and desirable new destination in the Capital and we are excited to be part of London Designer Outlet at this early stage.”
The transformation of the 85 acres of land surrounding Wembley Stadium and Arena is underway and the 350,000 sq ft development will feature 85 retail units, as well as 15 restaurants, cafes and coffee shops alongside a Cineworld cinema, and will mark the first designer outlet within the M25 and will be the nearest outlet centre for 5.8 million people