Luxury luggage brand Tumi has signed for a new store at 55 Brompton Road in Knightsbridge. The neighbourhood has already attracted the likes of Apple, Burberry, Bimba y Lola and UGG, which is set to open a new flagship store in the area later this year.
Jonathan Shelton, managing director and head of real estate for Europe at The Olayan Group, said: “Since we took ownership of The Knightsbridge Estate in 2010, we have taken care to deliver the highest standard of space for all our tenants across retail, workspace, F&B and residential. Strengthening the Knightsbridge community, as well as improving the visitor experience, is an integral part of our long-term investment in The Knightsbridge Estate and these latest additions to our tenant portfolio help achieve this.”
Erin McDonald, director of central London retail at Colliers, which along with Cushman & Wakefield is advising Olayan on leasing across the estate, added: “Knightsbridge is emblematic of London’s retail resurgence. Its unique character and attractions are bringing in millions of visitors from across the capital and internationally.
“To build on this momentum, we believe it is essential to reinstate tax-free shopping for visitors from overseas. Last month, more than 320 leading businesses petitioned the chancellor of the exchequer to take this step as it would benefit all London businesses which serve the influx of tourists each year.”
Duncan Gilliard, co-head of central London retail at Cushman & Wakefield, said: “Knightsbridge is one of the world’s great retail destinations and this is illustrated by the global brands which are seeking representation in this unique area. This groundbreaking development at the eastern edge of the estate, with the recent openings of the Apple and Burberry flagship stores and the new tube entrance, has brought a new dimension to the scale and quality of stores in the location, and we are looking forward to attracting further exciting brands to Knightsbridge.”
