The Los Angeles-based activewear and athleisure model has signed a 10-year lease settlement for the 7,018 sq ft retailer.
Providing each males’s and womenswear collections, Alo Yoga will be part of the likes of Arc’teryx, Characterize and Harvey Nichols on the road, reverse Manchester’s Arndale Centre.
Based in 2007, the model at the moment has 4 London shops: Covent Backyard, Regent Avenue, King’s Highway and Brompton Highway. It has 71 US shops, 14 in Canada and lots of others throughout markets together with Indonesia, UAE and Mexico.
Sovereign Centros from CBRE on behalf of M&G Actual Property and International Mutual act as joint asset managers of New Cathedral Avenue.
Steve Grey, head of European retail asset administration at International Mutual, stated: “Welcoming Alo Yoga to New Cathedral Avenue underlines its repute as one of many UK’s premium retail locations. As demand continues to rise for premium life-style manufacturers past London, Manchester’s sturdy demographics and cultural vitality make it a pure alternative for rising manufacturers.”
Scott Linard, portfolio director for M&G Actual Property, added: “Alo Yoga is a incredible addition to our retail combine. We’re proud to help the expansion of revolutionary manufacturers like Alo Yoga who’re searching for high-quality, well-located house to attach with new audiences. Their arrival highlights the energy and variety of Manchester’s retail supply.”
