Three new brands will be joining the line-up at Grand Arcade, Cambridge, owned by Universities Superannuation Scheme (“USS”) which has agreed lettings with retailers MANGO, Skechers and Raspberry Pi.
Women’s fashion outlet MANGO will join the Grand Arcade retail mix, where it will occupy 7,800sq ft. The Spanish brand is one of the world’s leading fashion groups and has a presence in 112 countries.
Skechers has also signed up to take 2,830sq ft on the ground floor of the Cambridge shopping centre, where it will open its doors for business in Summer 2019. The US footwear brand has enjoyed significant growth in recent years, doubling its sales in just four years, with Grand Arcade the latest addition to its network of more than 2,800 locations worldwide.
The new additions reinforce an already stellar fashion offering at Grand Arcade which includes John Lewis, Apple, Ted Baker, Tesla, The White Company, All Saints, and Victoria’s Secret PINK, among others.
Raspberry Pi, which makes small computers used to learn coding and electronics, is taking its first steps into bricks-and-mortar retail, selecting Grand Arcade as the site for its 1,172sq ft debut physical store.
The latest deals bode well for Grand Arcade, which enjoyed a bumper year in 2018 after agreeing new lettings with Castle Fine Art and Daniel Wellington. Both TM Lewin and Levi’s upsized their premises while long-term lease extensions were also secured with Apple, Gant, Swarovski, Phase Eight, Polarn O. Pyret and Sean Hanna.
Graham Burnett, head of property at USS, said: “We’re pleased to have made a strong start to the year with the signing of MANGO, Skechers and Raspberry Pi. These latest exciting additions to our line-up further reinforce Grand Arcade’s position as the leading retail destination in Cambridge.”