The transfer follows a 17% improve in like-for-like gross sales for the fourth quarter FY2024, and the forthcoming opening of 20 new shops in 2025, because the premium British label ramps up its retail growth.
Crew, which was based in Salcombe, Devon, in 1993, goals to totally function out of The Material from April.
The model, recognized for its nautical-inspired clothes, will occupy three of six flooring at The Material, with the opposite 17,000 sq ft of area supplied on the rental market.
Crew Clothes HR director Rupert Hay commented that the transfer demonstrated a continued dedication by Crew to put money into its bricks-and-mortar portfolio: “We’re so excited to be getting into this new chapter for Crew Clothes. What began as a group of rugby shirts, bought out of a store in Salcombe, has expanded and grown right into a thriving enterprise, creating new jobs and alternatives throughout the UK. The transfer is a significant milestone for Crew Clothes, and paves the best way for additional improvement within the years forward. We’re trying ahead to calling the Kingston workplace house.
“The brand new headquarters show a continued dedication to put money into our bricks-and-mortar portfolio. The Material affords actual alternative, with further area accessible for lease by different manufacturers trying to set up a base within the space.”
