Grosvenor Europe has announced that leading fashion brand, COS, has opened its North West regional flagship store at the entrance to Liverpool ONE’s Peter’s Lane. COS has transformed a former historic warehouse to create the store, which brings the brand’s modern, functional and considered design for men and women to the North West for the first time.
Commenting on the new opening, Alison Clegg, Director, Asset Management at Grosvenor Europe, said: “The opening of COS’s regional flagship on Peter’s Lane cements Liverpool ONE’s position as one of the country’s leading retail and leisure destinations. Along with brands such as ARKET, which launches later this year, and Beauty Bazaar Harvey Nichols, Liverpool ONE has an offer unavailable anywhere else in the UK.”
Sam Miller, Head of Expansion at H&M Group, added: “Our new regional flagship store for COS, with its historic setting at the heart of Liverpool ONE, provides a unique experience for our fashion-focused visitors. There is no better location from which we can build the COS brand in the North West.”
The news follows the news last week that ARKET is to open its fifth store in the UK, and first in the North West, on Liverpool ONE’s Paradise Street later this year.
Cushman & Wakefield and Metis Real Estate Advisors acted for Liverpool ONE. COS dealt direct.
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Notes to editors
Liverpool ONE is Grosvenor Europe’s unique retail and leisure destination at the very heart of Liverpool. Its virtually invisible boundaries connect the city with the impressive waterfront and the inspiring architecture of the commercial district.
Spread over three levels, Liverpool ONE is the region’s destination of choice for consumers and brands alike. Its offer includes over 170 leading UK and international retailers, including Michael Kors, Zara, John Lewis, Beauty Bazaar Harvey Nichols, Ted Baker and Reiss. They are complemented by a series of distinct dining destinations that provide visitors with a comprehensive choice of fine and casual dining, grab and go, and other leisure experiences.
Grosvenor Europe’s proactive asset management has led to 20 brands committing in the past year and Liverpool ONE delivering significant sustained growth since opening. Footfall and sales, for example, have increased by 5.5% and 8% respectively per annum since 2008.
About Grosvenor Europe:
Grosvenor Europe invests in, develops, operates and manages real estate assets and funds, with a focus on vibrant European cities including Paris, Stockholm, Madrid and Liverpool.
Part of the Grosvenor Group, one of the world’s largest privately-owned property companies and active in more than 60 cities around the world, we utilise our local expertise to adopt a far-sighted, value-add approach in order to deliver lasting commercial and social benefit in the places where we are active.
As at 31 December 2017 we managed £2.4bn/€2.7bn of assets, including Liverpool ONE in the UK (which celebrates its 10th anniversary in 2018)and Skärholmen Centrum shopping centre in Stockholm, Sweden. We also have a number of active residential development projects in Madrid, Spain.
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