Premium fashion and lifestyle brand Alo Yoga has signed for its first UK ‘sanctuary’ outside London at New Cathedral Street in Manchester.
Founded in Los Angeles, the brand, which sells ‘studio-to-street’ performance wear, has signed a 10-year lease on a 7,018 sq ft unit at New Cathedral Street.
Steve Gray, head of European retail asset management at Global Mutual, said: “Welcoming Alo Yoga to New Cathedral Street underlines its reputation as one of the UK’s premium retail destinations. As demand continues to rise for premium lifestyle brands beyond London, Manchester’s strong demographics and cultural energy make it a natural choice for growing brands.”
Scott Linard, portfolio director for M&G Real Estate, added: “Alo Yoga is a fantastic addition to our retail mix. We’re proud to support the growth of innovative brands like Alo Yoga who are seeking high-quality, well-located space to connect with new audiences. Their arrival highlights the strength and diversity of Manchester’s retail offer.”
Sovereign Centros from CBRE on behalf of M&G Real Estate and Global Mutual act as joint asset managers of New Cathedral Street. Metis Real Estate and Time Retail Partners are New Cathedral Street’s retained letting agents.
