长沙USDT商家收款平台|【唯一TG:@heimifeng8】|长沙U币市场汇率✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Saint Laurent agrees record rent for Bond Street space

Saint Laurent agrees record rent for Bond Street spaceBy

Sandra Halliday Published
April 24,长沙USDT商家收款平台 2025

Kering has agreed a lease for its Saint Laurent brand on London’s premier luxury shopping thoroughfare, Bond Street, with reports saying it’s paying a record UK store rent.


See catwalkSAINT LAURENT - Spring-Summer2025 - Womenswear - France - Paris
SAINT LAURENT - Spring-Summer2025 - Womenswear - France - Paris - © ImaxTree



The deal comes as many retailers have been agreeing more attractive rental deals due to landlords accepting that they can’t command the high prices they did pre-pandemic. And even Bond Street has seen its rental figures edging downwards.

But this new lease is clearly a sign that the right space in the right place can still command stratospheric figures.

The previous record had been set as far back as 2025 when Ralph Lauren signed an £11 million lease for its Bond Street store.

Market sources told The Sunday Timesthat Kering will pay over £13 million a year for the six-storey property on the corner of Bond Street and Grafton Street. And it added that the conglomerate had been in a race with luxury rivals LVMH and Richemont for the site.

The building itself is owned by investment firm O&H Properties, which had been seeking offers over £9 million a year.

It’s a further sign that the biggest names in the luxury sector continue to thrive as affluent tourists return to the UK (despite the ending of VAT-free shopping) and well-heeled locals also spend more.

A similar effect is being seen across town in Chelsea/Knightsbridge with plans to invest heavily in the refurbishment of Sloane Street and some of the biggest luxury labels upsizing their already-large stores on the street to meet rising demand.

Business
Previous:Good American opens first flagship store in Los Angeles
next:Klarna enters 'keep it longer' arena with focus on most durable brands