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    Leases

    Gloucester Quays gets 11 renewals

    Tracy WestBy Tracy WestDecember 12, 20242 Mins Read
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    Peel Retail & Leisure has announced 11 renewals as part of 20 leasing deals at Gloucester Quays this year, amounting to over 44,000sq ft of space.

    Among the 11 brands to renew at Gloucester Quays are French-Belgian kitchenware brand, Le Creuset, which invested in a new fit out, and international lifestyle and athletic footwear retailer, Skechers, which increased its footprint at the destination by 50%. Leading names such as Clarks, White Stuff, Jack Wills, Suit Direct and Raging Bull have also recommitted to the destination, as have Denby, The Gift Company, Baggage World and Trespass. By renewing their leases, these 11 brands highlight the profitability and resilience of the outlet in the year it celebrates its 15th anniversary.

    Paul Carter, asset director at Peel Retail & Leisure, commented: “Eleven lease renewals is a sign of the strength of Gloucester Quays’ offer and the ability to retain brands because they succeed here. Complemented by a host of new lettings, these deals mean our visitors will continue to have a diverse, top-quality tenant line-up and the momentum won’t be stopping there. As we close in on the end of our 15th anniversary, the next year is already shaping up to be a bumper period for leasing, with several renewals in the works, and even more diversity in Gloucester Quays’ retail, F&B and leisure on its way in the coming months.”

    Emma Wylie at Le Creuset, added: “At Le Creuset it is crucial to us that we create a space that evolves with our brand, so investing in our Gloucester Quays site was a natural step. The store has benefited from the outlet’s heart-of-the-city location and loyal catchment of visitors, so we were thrilled to unveil and showcase our new fixtures, fittings and displays designed to elevate the shopping experience further. The refit signals the continuation of a long-standing partnership we’ve built with Gloucester Quays, and we look forward to continuing this in 2025 and beyond.”

    Gloucester Quays has also welcomed a robust line-up of new brands this year, including stores from renowned retailers, Reiss, Moss, and the second UK standalone location from Berghaus. The outlet has added to its F&B line-up with international favourite, Pret A Manger, alongside Subway, Krispy Kreme and Bakers & Baristas, diversifying the overall offer and catering to an all-day out visitor.

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    Tracy West

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