Sacoor Brothers enters UK market
Published: 12 September, 2011
Portuguese fashion brand to open three new stores ahead of wider rollout
Sacoor Brothers, one of Portugal’s best known international fashion and lifestyle brands, will make its UK debut at Westfield London and Westfield Stratford, with plans to expand further in early 2012.
Sacoor Brothers has taken a 2,400-sq ft store at Westfield London and a 1,941-sq ft store at Westfield Stratford City that will both open in September 2011. A third store will open in early 2012 at Bluewater inKent. The retailer is also seeking a new flagship store within Central London and has ambitious plans to further expand across a number of the UK’s leading outlet malls.
Sacoor Brothers, which was established in Lisbon in 1989, currently operates across 33 cities with more than 30 own-stores situated in the largest and most prime shopping centres throughout Portugal, Spain, Benelux, Romania, and the Middle East. CBRE’s cross-border retail team is advising the retailer on its continued European expansion plans and is instructed to acquire additional stores in Benelux, Spain and Germany.
David Close, director in cross-border retail at CBRE, said: “Sacoor Brothers is a high quality fashion brand that is extremely popular inPortugaland will be an excellent addition to theUK’s fashion offering. The UK has been identified as a key retail market and CBRE is currently seeking new store locations in prominent retail destinations inCentral Londonand the best outlet villages in the remainder of the country.”
