Moss Bros Group has signed for a 4,157 sq ft unit on New Cannon Street at Manchester Arndale.
The fashion brand, which will sell a wide range of clothing as well as offering hire services from the store, doubled its profits for the 12 months to January 2023 and saw revenue rise by 63% to £151.6m.
Brian Brick, CEO of Moss Bros Group, said: “Our customers tell us they want physical stores in the heart of their communities, and as such we are committed to the high street and the role that our stores and style advisors play in delivering the best brand experience for our audience. Our new store in Manchester Arndale will heighten the customer experience with a modern interior which will allow our product and services to stand out. We are proud to renew our commitment to serve our customers in Manchester in this amazing new store.”
Steve Gray, head of European retail asset management at Global Mutual, joint asset managers of the Arndale shopping centre with M&G Real Estate, added: “Manchester Arndale has a fantastic retail offering, and we continue to ensure there’s something for everyone, from formalwear brands like Moss to sportswear specialists, and from high end luxury to more affordable options as well.
“For shoppers looking to make the most out of their trip we also have a varied F&B offering, with Krispy Kreme and local favourites Bubble CiTea and Lazy Sundaes amongst the most recent arrivals. As we move through the year, we’re looking forward to announcing more exciting brands as we continue to reinforce Manchester Arndale’s reputation as a vibrant destination that attracts millions of visitors from across the North West and beyond.”
Metis Real Estate and Time Retail Partners are the centre’s retained letting agents. FMX Urban Property Advisers acted on behalf of Moss Bros.
