Gloria Jeans to replace Uniqlo’s flagship store on Novy Arbat – Kommersant
[ad_1]
Retailer Gloria Jeans intends to rent about 2,000 sq. m in the shopping center “Novoarbatsky” on Novy Arbat in the center of Moscow, reported Vedomosti two consultants who worked with this object. Previously, these areas were occupied by the Uniqlo flagship store.
A representative of Gloria Jeans confirmed that the opening of a new chain store on Novy Arbat is scheduled for June. He said that the contract was signed for a long period, but the cost and terms of the lease did not lead. Uniqlo did not comment on the information.
Uniqlo opened a store on Novy Arbat in August 2020. In March 2022, the network announced on the suspension of work in the country due to hostilities in Ukraine. At that time, 50 outlets operated under the Uniqlo brand. In early February 2023, a Kommersant source in the retail real estate market said that the Japanese manufacturer does not plan to reopen its stores. Net loss of Uniqlo in Russia in 2022 made up almost 11 billion rubles.
More details – in the material “Kommersant” “Uniqlo clears out wardrobe”.
[ad_2]
Source link
