Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Great Portland Estates inks lease with fashion brand Represent

(Sharecast News) - Great Portland Estates announced on Monday that British luxury brand Represent had agreed to open its new London flagship store at the company's 135/141 Wardour Street property in Soho. The FTSE 250 firm said the shop, spanning 5,000 square feet across two floors, would mark the brand's second global outlet after its successful store in West Hollywood, Los Angeles.

It said Represent is already stocked by more than 150 retailers globally, including Saks, Neiman Marcus and Harrods.

Scheduled to open in early 2025, the London flagship would be Represent's largest store and would feature its collection of contemporary menswear inspired by street culture.

Positioned in Soho at the corner of Wardour and Broadwick streets, the location would be within walking distance of the Tottenham Court Road Elizabeth line and Tube station.

GPE said the lease agreement saw Represent commit to a decade at the site, although it did not divulge any further financial details of the agreement.

The company said the 135/141 Wardour Street property also included premium office and restaurant space, private terraces on the fourth to sixth floors, and a communal roof terrace.

Through extensive refurbishment, the firm said it was aiming to provide top-tier fully-managed office spaces aligned with evolving customer needs, and its commitment to achieving net-zero carbon emissions.

"We are thrilled that Represent has chosen 135 Wardour Street for their London debut; this will be their second standalone store worldwide, hot on the heels of their LA opening," said GPE's head of retail Sarah Goldman.

"Vogue hailed them as the 'global contemporary brand' last year, and we have no doubt that the luxury streetwear brand will sit well among the local retail offer adjacent to brands including Supreme, Stussy and Ami.

"The area's appeal is clearly fast becoming the key location for all the newest streetwear brands."

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Goldman Sachs to scrap bonus cap for UK dealmakers
(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.
Gazprom swings to $6.9bn loss as Europe sales plunge
(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.
London cabbies launch £250m legal action against Uber
(Sharecast News) - Uber Technologies is facing legal action on behalf of more than 10,500 London black cab drivers, it was confirmed on Thursday.
Peloton announces CEO departure; to cut 15% of workforce
(Sharecast News) - Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.