Numerous fashion retailers are significantly expanding their presence across global markets.
- AllSaints is advancing its global reach with new stores in the UK, US, Europe, and Asia.
- JD Sports is executing a strategic plan to open 250-350 new stores annually in key locations.
- Primark continues its growth with small format stores in Europe and the US, capitalising on untapped markets.
- Brands like Mango, Sosandar, Lounge Underwear, Charles Tyrwhitt, Castore, and Mountain Warehouse are also broadening their store footprints.
With a strong focus on international markets, AllSaints has unveiled a comprehensive expansion strategy. The retailer is not only enhancing its presence in domestic locations like Brompton Road, London, but also tapping into international markets such as Shanghai Village, China, and Outletcity Metzingen, Germany. This expansion aligns with peak trading seasons, highlighting their strategic market approach.
JD Sports aims to become a global leader in the sports-fashion sector under CEO Régis Schultz’s five-year plan. Their commitment to opening between 250 to 350 stores annually is evident with major launches planned for locations like Westfield Stratford, a flagship in Paris, and the upcoming Manchester Trafford Centre, set to be its largest store globally.
Primark’s growth strategy focuses on extending its reach through smaller format stores in European and American markets. Their recent opening in Montijo, Portugal, serves as a template for regional expansion. The retailer anticipates a 4% to 5% sales growth contribution from these new outlets, reflecting significant opportunities in untapped markets.
Mango is set to increase its UK footprint by launching over 20 new stores. This move includes a strategic focus on London, Scotland, and first-time locations in Northern Ireland and southern England. Recent openings highlight Mango’s commitment to diversifying their retail operations within the UK.
Sosandar, traditionally an online retailer, is transitioning into physical retail with plans to open up to 50 stores. This shift follows successful collaborations with supermarkets, indicating a solid opportunity for brand growth in high traffic locations such as Chelmsford, Essex, and Cardiff.
Lounge Underwear is ambitiously moving from an online-only model to opening eight physical stores. Their initial venture at Westfield White City, London, marks the beginning of a broader expansion strategy, reaching key shopping centres throughout the UK.
Charles Tyrwhitt remains focused on expanding its retail presence with the opening of a substantial new store on Regent Street, London. Their goal to add 10 more locations over the next 18 months underscores a sustained commitment to enhancing accessibility across the UK market.
Castore, since its inception in 2016, has expanded to over 30 stores with a significant UK focus. The brand’s presence in diverse areas from Milton Keynes to Dubai reflects its ambition to solidify its status as a prominent British sportswear brand through strategic flagship openings.
Mountain Warehouse’s recent expansion includes doubling the size of its Covent Garden store and opening 28 new outlets. This includes the adoption of larger retail spaces, evident in sites like Bedford Retail Park and Maybird Retail Park, with international growth marked by its first Australian store in Brisbane. Their plan to open 50 more branches signals aggressive global growth priorities.
These expansion efforts indicate a robust trend towards physical retail growth among fashion brands worldwide.
