Global fashion brand Urban Revivo has signed for its first UK flagship store at 8-12 Neal Street in Covent Garden, WC2.
The retailer has signed a five-year lease with landlord HIH Invest Neal Street on the former Mango store. The unit, which is arranged over basement, ground and first floors, extends to 5,300 sq ft.
Urban Revivo, which was founded in China in 2006 and is known for offering high-fashion designs at accessible prices, is on a global expansion push. The group also recently signed for its first US store, taking 30,000 sq ft 515 Broadway in New York’s Soho.
Sam Foyle, co-head of global retail at Savills, said the group was targeting major markets across the world for its “ambitious” 2025 expansion plans.
“Pioneering in its fit-out designs and concepts, which is evident in its store portfolio across the APAC region, we can’t wait to see Urban Revivo bring this innovation to new markets and redefine shopping experience for customers,” he said.
Callum White, associate in central London retail at Savills, added: “Neal Street is a well-sought-after location and presents an exciting opportunity for Urban Revivo’s first of many stores in the country. This vibrant area is known for its bustling atmosphere and prime retail spaces, making it the perfect spot for the brand to introduce its innovative designs and concepts to the UK market.”
Covent Garden is currently experiencing a surge in occupier demand, with 25 new retail openings in 2024 and less than 1% availability.
Savills advised Urban Revivo in the UK and US; Cushman & Wakefield acted for the landlord in the UK. RIPCO Real Estate also advised on the US letting.
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