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    Shaftesbury posts strong year results after signing over 60 brands

    Iain HoeyBy Iain HoeyDecember 6, 20212 Mins Read
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    Shaftesbury has announced it has signed over 60 new retail, hospitality and leisure brands in Carnaby, Seven Dials, Chinatown, Soho and Fitzrovia since 1 October 2020. 

    At said that the strength of demand from operators also coincides with the rapid recovery in footfall and sales across its locations and represents a vote of confidence in their long-term appeal and prospects.

    33 new retailers have joined Shaftesbury’s villages, of which 23 were brands making their debuts in the UK, including six from the US: LIDS, NBA, American Eagle and Aerie, Third Man Records and Gilly Hicks. 

    They join new concepts including L’Estrange, Experimental Perfume Club, White Pine, Cole Buxton, Aubin, and Danish fashion retailer, Han Kjobenhavn. 

    Of the debuts, nine were online brands opening their first bricks-and-mortar stores, including Bloobloom, the French eyewear brand.

    29 F&B operators across 18 different cuisines or fusions have signed and opened in Shaftesbury’s portfolio.  In addition, three of the new venues are bars or live music focused, including Nightjar, a jazz bar in Kingly Court.

    Samantha Bain-Mollison, retail director at Shaftesbury, said: “The level and quality of demand for space from such great brands and concepts reflects the strength of our portfolio and speed of its recovery following the lifting of pandemic restrictions. 

    “The 33 new retailers to have signed this year have added something different to our villages, reinforcing their positions as exciting West End shopping destinations and contributing to London’s status as a global city for retail.”

    This round-up of Shaftesbury’s retail and hospitality leasing since 1 October 2020 follows the announcement of its 2021 annual results.  Published on 30 November, they reported significant progress on the road to recovery for its 16-acre West End portfolio, which includes over 600 restaurants, shops, cafes, pubs and bars, across 1.1 million sq. ft. of space.

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    Iain Hoey

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