WESTFIELD LONDON CELEBRATES 20 MILLIONTH VISITOR AS JIMMY CHOO AND OTHERS JOIN LINE-UP IN THE VILLAGE
16 October 2009
LONDON: As the first anniversary of the opening approaches on 30th October, Westfield London celebrates its 20 millionth visitor and more than 15 new signings for the centre;
- Luxury zone/area The Village signs Jimmy Choo, Red Valentino, M. Missoni, Ballantyne and James Lakeland;
- GymBox to open a 19,650 sq ft premium gym/fitness centre in early 2010;
- Vue confirm cinema complex will be opening in February 2010 and plan major launch event to be held at the centre
Michael Gutman, Managing Director Westfield UK/Europe, said: Nearly a year on from opening, we are tracking 99% let across the centre, which is above our national average of 97%. We have a wide range of new retailers announced today spanning luxury, homewares, fashion, convenience and food, as well as a number of existing retailers opting to open second stores within the centre and many major retailers recording sales levels which put their Westfield London stores in the top quartile of their portfolio.
With Vues launch of its state-of-the-art cinema complex set to attract huge crowds of visitors early in the new year, we are looking forward to building on the positive trading trend experienced to date, into 2010.
Westfield London has already reached its 20 millionth visitor, weeks ahead of the first anniversary. The centre is now expecting to hit 22 million for the first 12 months of trade.
Mr. Gutman added: The centre had a very strong summer and is consolidating its role as a must-visit destination on the London tourism circuit.
NEW SIGNINGS IN THE VILLAGE
The Village continues to attract leading luxury and aspirational designer retailers with the following new signings set to open soon:
Jimmy Choo (1,426 sq ft), Red Valentino (1,567 sq ft), M.Missoni (1,873 sq ft), Ballantyne (1,093 sq ft) and James Lakeland (1,030 sq ft).
Commenting on the latest store opening, bringing Jimmy Choo’s total to 105 worldwide, Jimmy Choo Chief Executive Joshua Schulman said: We are delighted to open at London’s latest iconic Luxury location.
Together with our Sloane Street and Bond Street stores, this will be another flagship location in our hometown and will reflect our complete assortment of shoes, handbags, small leather goods, eyewear and soft accessories.
London-based Gym, GymBox has signed for a 19,650 sq ft unit on the upper level and is scheduled to open in the first half of next year.
Richard Hilton, Managing Director of GymBox, said: We are extremely excited about our new branch at Westfield London. Our ethos is that going out and working out should be one in the same and the dynamic, vibrant environment at Westfield London fits perfectly with our contemporary designs and enthusiastic approach. Opening next year, this will be our fourth club in the capital and is part of our ambitions to grow the business over the coming years.
GymBox Westfield will be our most exciting offer to date. The gym will provide state of the art facilities with the latest fitness equipment on the market. The club design will be contemporary, exciting and original and will accentuate the natural daylight and spectacular views of London.
In February 2010, the much anticipated 14 screen, 3,000 seat all digital Vue cinema will open its doors for the first time.
Tim Richards, Chief Executive Officer of Vue Entertainment, said: Vue Westfield London will be a new state-of-the art world class leading multiplex cinema and easily the most exciting new cinema to open in London in years; it will be a flagship site within our circuit. The 14 screen cinema will be the UKs second and Londons first 100% all digital cinema including Digital 3D, all of which will enable our customers to choose from the widest choice of movies, sports, music and other special events and enjoy them is unsurpassed comfort and presentation. Three of the screens will be Vues new Scene concept with a private wine and champagne bar including luxury seating. The cinema is currently being fitted out and preparing for an exciting launch, set for February 2010.
NEW FOOD SIGNINGS
New signings for the Southern Terrace include Jom Makan and The Bull who will be opening this autumn. Malaysian restaurant Jom Makan has chosen Westfield London as its second London restaurant following the success of the first on Pall Mall East; and Geronimo Inns Ltd will be opening a new food-led pub called The Bull.
MORE NEW SIGNINGS IN THE MAIN CENTRE
Latest signings include: Pandora (1,188 sq ft), Virgin Media (1,574 sq ft), Ann Summers (2,918 sq ft), CWF (1,692 sq ft), Andrew James Shoe Repairs (344 sq ft), Chiltern Flowers (269 sq ft), S Coin (350 sq ft), Snog (990 sq ft), Magnolia (301 sq ft) and BT (172 sq ft).
A number of retailers are also opting to open second stores in the centre including The White Company who will be opening a Little White Company store in the Kids Zone later this year.
CAR PARK PROMOTION
Following the successful 2 hours free parking promotion which has been running throughout the summer, we have decided to extend the offer to the end of the year, (excluding weekends), from 1st October.
Notes to Editors
The Westfield Group (ASX Code: WDC) is an internally managed, vertically integrated, shopping centre group undertaking ownership, development, design, construction, funds/asset management, property management, leasing and marketing activities and employing approximately 4,000 staff worldwide. It has investment interests in 119 shopping centres across Australia, the United States, the United Kingdom and New Zealand, encompassing in excess of 23,000 retail outlets. With a total value of assets under management in excess of A$62 billion, the Westfield Group is the largest retail property group in the world by equity market capitalisation.
Commerz Real AG (Westfield London)
Commerz Real AG is a wholly-owned subsidiary of Commerzbank AG, Germany. With 43 billion in assets under management, it is one of the worlds largest real estate asset managers and providers of leasing and investment solutions. Commerz Real focuses on the provision of investment products, such as open-end and closed-end real estate funds, institutional real estate funds, REITs, closed-end funds for ships, aviation, and renewable energy. Furthermore, the spectrum of services includes the area of structured investments, which combines the activities of real estate leasing, big-ticket leasing, and structured financings, as well as equipment leasing.