Given falling rents on UK High Streets, Crate & Barrel, the US homeware chain, is just one of a handful of overseas retailers heading for London to open new stores, despite tough times on the high street.
The Chicago-based, German owned company is planning to bring CB2, a smaller version of the Crate & Barrel concept, to the UK and is in talks with UK landlords to find small 5,000 sq ft stores
CB2 is joined by Marmot, a Californian-based outdoor clothing and equipment retailer that was founded in the 1970s, is set to open stores in London and the South-east.
The Spanish young fashion chain, Coolway, is close to signing leases for two stores in London and Bluewater, while the Portuguese group, Sacoor Brothers, has also entered into agreements to open shops in the South-east.
US retailers American Eagle, Victoria's Secret and Forever 21 are all planning new stores in the UK, and last week the New York-based womenswear brand Kate Spade signed up for a 10-year lease on a Sloane Square store, which will open in September.
The right place at the right time...?
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