Luxury French goods and leather trunk maker Maison Goyard is relocating to Trinova’s 103 Mount Street scheme, in Mayfair, London, for its new flagship UK store.
Goyard is upsizing to the new 7,100 sq ft ground floor retail unit on a 10-year lease. Trinova acquired the property on behalf of Stars REI in July 2020 from Meyer Bergman.
Mike McCarrick, head of asset management at Trinova, said: “Securing this lease with a reputable fashion house like Goyard showcases the resilience of West End luxury retail even during a period of economic uncertainty. Thanks to the proactive leasing discussions from all parties, we were delighted to be able to finalise the lease to this prestigious operator in a very short timeframe.”
Cristina Dawson, head of asset management at Stars REI, added: “Since acquiring this asset in the summer of 2020, we have seen incredible demand for its spaces which have mostly become available because of the pandemic. While many other retail corridors continue to struggle, the distinction of a Mount Street presence has persevered. We are delighted to welcome Goyard to its new, larger home at 103 Mount Street.”
Paul Souber, head of London retail at Colliers, who let the building to Goyard on behalf of Trinova, said: “Goyard is an incredible luxury house with a unique ability to create desire around its products and 103 Mount Street will enable the business to provide an exceptional client experience, fully display its product range whilst occupying one of the finest stores in Mayfair.”
Colliers acted for Trinova and Leslie Perkins acted for Goyard.
