REG - Great Portland Ests. - REPRESENT signs lease at GPE’s 135/141 Wardour St

Great Portland EstatesAnnouncement

15/04/2024 07:00

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RNS Number : 5041K  Great Portland Estates PLC  15 April 2024

 

15 April 2024

 

GPE announces REPRESENT has signed retail lease for new 5,000 sq ft London
flagship store at 135/141 Wardour Street, W1

 

GPE has announced today that British luxury retail brand, REPRESENT, has
signed for its new London flagship store, located at 135/141 Wardour Street,
W1. The fashion brand's new space comprises 5,000 sq ft across two floors,
which will be its second store globally to date, following its LA store in
West Hollywood. The influencer founded brand has over 150 stockists worldwide,
including Saks, Neiman Marcus Group, Nordstrom, Flannels, Selfridges and
Harrods.

 

REPRESENT is set to open its doors to its new London flagship in early 2025
and the new store will be the brand's biggest store to date, offering its
collection of contemporary menswear, inspired by street culture. The store is
in the heart of Soho, prominently positioned on the corner of Wardour Street
and Broadwick Street, and within a five-minute walk of Tottenham Court Road's
Elizabeth line station. REPRESENT has committed to a 10-year lease.

 

Sarah Goldman, Head of Retail at GPE, commented: "We are thrilled that
REPRESENT has chosen 135 Wardour Street for their London debut. This will be
their second standalone store worldwide, hot on the heels of their LA opening.
Vogue hailed them as the 'global contemporary brand' last year, and we have no
doubt that the luxury streetwear brand will sit well among the local retail
offer adjacent to brands including Supreme, Stussy and Ami; the area's appeal
is clearly fast becoming the key location for all the newest streetwear
brands."

 

Paul Spencer, REPRESENT CEO added: "We are excited to launch our London
flagship store in the heart of Soho. Following our successful opening in LA,
our London debut in early 2025 will be our biggest opening to date. For us,
London is not just the country's capital, but also a culture & fashion
landmark for the whole of Europe, with more international footfall than
anywhere else in the UK. As a British brand, it only makes sense to showcase
our collections to the international market there. Having started online over
12 years ago, we have built a global community with a thirst for every pillar
of our brand, so now to be able to showcase REPRESENT in our own London store
is an incredibly proud moment for the brand."

 

About REPRESENT

One of the largest luxury brands to come out of the UK, REPRESENT was founded
by brothers George and Michael Heaton in 2011 and has now become a global
contemporary brand. REPRESENT offers clothing for every occasion, with regular
seasonal ready-to-wear collections, a history of collaborations with iconic
rock bands, as well as their elevated performance wear range, named 247. Last
year the brand successfully turned over $100 million.

 

ABOUT 135/141 Wardour Street

REPRESENT will be a part of GPE's wider offer for the building at 135/141
Wardour Street. The British luxury retail brand will complement best-in-class
office and restaurant space throughout the six floors within the building, as
well as private terraces available to customers across the 4(th) to 6(th)
floors and a communal roof terrace. Following a substantial refurbishment, the
building will provide outstanding Fully Managed office space designed to meet
evolving customer demands and GPE's net zero carbon commitments.

 

 Great Portland Estates plc                                                      +44  (0)  20  7647  3000
 Toby Courtauld, Chief Executive
 Nick Sanderson, Chief Financial & Operating Officer
 Stephen Burrows, Director of Investor Relations and Joint Director of Finance

 Sarah Goldman, Head of Retail

 Yasemin Kiani, Corporate Communications Manager

 FGS Global
 James Murgatroyd & Gordon                                                       +44  (0)  20  7251  3801
 Simpson

For further information see www.gpe.co.uk or follow us on X at @GPE_london

LEI Number: 213800JMEDD2Q4N1MC42

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