Australian homewares specialist House, which is owned by Global Retail Brands, is preparing to launch in the UK following a trail blazed by brands like Smiggle, Bunnings, Typo, Honey Birdette, Kikki.K and Lovisa.
The retailer, which is being advised by MMX Retail, aims to open its first tranche of stores by April 2018, with a total of 75 stores set to open within three years. House is looking at stores in both shopping centres and retail parks across the country, targeting unit sizes of around 3,500 sq ft.
Executive chairman Steven Lew said: “Over the last couple of years we’ve looked at opportunity markets, both nationally and internationally, and the UK seemed like a very good fit for us. We want House to become a household name in the UK as the go-to for cooking and entertaining. We believe that 75 stores is a safe number to target, however, this will very much be opportunity-led.”
