Peel Retail & Leisure has recorded a bumper period of sales performance at Gloucester Quays. Total sales from the outlet’s current tenants were up by 6% across the financial year, with those that invested in new shop fits and renewed leases in particular benefiting from growth.
Covering April 2024 to March 2025, Gloucester Quays’ sales uplift of 6% followed a record increase in the year before of 11%, showing consistent performance and sustained growth at the outlet. The outlet’s retail sales from current tenants were up by 5%, with Le Creuset, Skechers and Mountain Warehouse, as well as Hallmark, Raging Bull and Holland & Barrett examples of those that invested in their stores and benefited from increased performance.
Gloucester Quays’ current hospitality brands also attracted a significant sales increase, 7% up on the previous financial year. Double-digit growth for local favourite Anatolian Palace, and Nando’s, helped to propel sales in the category, as visitors to the outlet continue to enjoy the full day-out experience at Gloucester Quays.
Paul Carter, asset director at Peel Retail & Leisure, commented: “Gloucester Quays has driven sustained growth year-on-year, a legacy that reinforces our long-standing commitment to providing a best-in-class experience. We are continuing to adapt to evolving consumer demand for lifestyle-led spaces, something we are uniquely able to deliver as a destination that crosses between both city centre convenience and aspirational outlet. With recently reinvested brands topping the books for growth alongside our new additions, the success of our tried and tested strategy for delivering this speaks for itself.”
Gloucester Quays has also welcomed a host of renewals since the beginning of 2025. Eight tenants have recommitted to the destination this year alone, including Trespass, Puma, Adidas and The North Face.
