Derwent London announces the imminent opening of the eighth retail unit at Tottenham Court Walk, W1 – comprising a 7,200 sq ft new beauty and wellness brand “Fabled by Marie Claire”, a retail collaboration between Ocado and Time Inc., publishers of Marie Clare UK.
The launch of Fabled by Marie Claire and the opening of its first flagship at Tottenham Court Walk will be in August 2016, in conjunction with the launch of fabled.com, its online offering. The store will be a beauty haven with expert staff, and will stock brands such as Chanel, Benefit, YSL, Clinique, Elemis and Lancôme.
This latest letting adds to a vibrant mix of retailers, many of whom are trialling new concepts at the development, including DF Mexico, Hotel Chocolat, Leon, Oasis, Planet Organic,T2 and Waterstones, alongside the improved Odeon cinema. Eight of the nine units are now let.
Derwent London set out to change and improve the retail and leisure mix of the area, attracting exciting occupiers that will redefine the location and bridge the gap with Oxford Street and Fitzrovia. The much improved environment restores Tottenham Court Road’s status as one of central London’s premier and best connected destinations. The whole area is set to benefit from the opening of the Crossrail station in 2018 and the creation of a new London square at St Giles Circus. This transport intersection is expected to become one of London’s busiest with 110 million visits a year.
Celine Thompson, Head of Leasing, Derwent London, commented:
“We are delighted to secure “Fabled by Marie Claire” at Tottenham Court Walk. They share our vision of a revitalised Tottenham Court Road. We have seen strong momentum here and this is set to continue further as we see the benefits of Crossrail station opening in 2018 and the area reclaiming its title as ‘London’s crossroads’.”
Derwent London’s letting agents on Tottenham Court Walk are Kenningham Retail, Savills and Shelley Sandzer.