Manchester sees booming demand from aspirational and luxury retailers

15 September 2016

Manchester’s retail scene is booming, with approximately 600 brands now present in the city centre including seven retailers which have arrived in 2016, according to international real estate advisor Savills. 

In total 54 new retail brands have opened in the city since 2012 – a net increase of 9% –more than half of which are classified as aspirational or premium retailers, as the city’s consumers continue to treat themselves to more luxurious purchases, says Savills.  Five of the seven new arrivals over the past year fall into the aspirational category, with new names including Mint Velvet, Kiko Milano, Kiehl’s and & Other Stories taking space.


David Charlton, associate in the retail team at Savills, comments: “Not only is Manchester attracting a diverse set of quality retailers, but many operators are choosing to come to the city above other locations.  For example, the & Other Stories in Manchester is the first time the brand has ventured outside the capital.  Retailers have confidence in the continued attraction of Manchester as a shopping and leisure destination.” 


Tom Whittington, retail research director at Savills, adds: “The future for Manchester’s retail  offer looks bright, as the city remains a key choice for many of the hottest names on the high street.  With 54 brands arriving in the past four years, it is one of the strongest performers in the UK, particularly when you consider that our analysis only tracks new arrivals.  Many more retailers already present in the city have also opened additional stores or expanded their space”.  

 
 

General Enquiries

Savills Margaret Street

 

Key Contacts

David Charlton

David Charlton

Associate
In Town Retail

Savills Manchester

+44 (0) 161 277 7295

 

Tom Whittington

Tom Whittington

Director
Retail Research

Savills Manchester

+44 (0) 161 244 7779