Gloria Jeans to replace Uniqlo’s flagship store on Novy Arbat
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Retailer Gloria Jeans has agreed to lease about 2,000 sq. m in the shopping center “Novoarbatsky” on Novy Arbat in the center of Moscow. This was told by two consultants who worked with this object. Previously, these areas were occupied by the flagship store of the Japanese company Uniqlo. A representative of Gloria Jeans confirmed that the opening of the new retailer store on Novy Arbat is scheduled for June this year. He did not disclose the terms of the lease, but said that the contract was signed for a long period. Uniqlo did not respond to a request, it was not possible to contact representatives of Fast Retailing (owns this brand) and Novoarbatsky.
Uniqlo opened a flagship store on Novy Arbat in August 2020. Last year, after the launch of the CBO, the retailer announced the suspension of operations in Russia, and already this year the company decided to completely curtail business in our country.
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