Trio of fashion stores for Cwmbran Shopping
2:15pm Wednesday 18th December 2013 in News
THREE new fashion retailers have signed up to Cwmbran Shopping, with two shops occupying their outlet on a 10-year basis.
Affordable branded footwear retailer tReds has signed for a 2,650 sq ft unit at 7 The Mall, alongside leading high street menswear retailer Blue Inc, which has taken a 3,900 sq ft unit at 1, The Mall.
Further up The Mall, in unit 28, plus-size ladies’ fashion retailer Yours will occupy a 4,000 sq ft unit.
Both tReds and Yours have signed 10-year leases and Blue Inc a five-year lease.
All will trade on one floor and join retailers including Jack & Jones and Topshop to further enhance The Mall area of Cwmbran as the town’s fashion quarter.
Cwmbran Shopping is owned by M&G Real Estate.
Director and retail and asset manager at M&G Real Estate, Simon Phipps, said: “Yours, in particular, chose Cwmbran to launch its first South Wales store and, alongside these other recent deals, signifies a real vote of confidence from leading high street occupiers.
“This is testament to the pre-eminence of our location, impressive footfall and low vacancy rates.
“In recent years Welsh high streets have come under attack having suffered at the hands of the economic slowdown.
“However, this is clearly not the case in Cwmbran and we continue to look at ways of enhancing the centre for the benefit of our 18 million annual customers and prospective retailers.”
The three stores have created approximately 22 jobs between them.
The centre manager for Cwmbran Shopping, Paul Rich, said: “The introduction of tReds, Blue and Yours into the centre has helped to define Cwmbran as a leading place to shop for clothes and will mean our fashion-conscious customers have a wide range of retail outlets to choose from.
“In addition to our loyal customer base, we are attracting people from all over South Wales who recognise our large selection of shops and convenient location.
“We are looking forward to 2014, when we are planning on bringing more brands into the centre.”
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