Lovisa opens first regional retailer at Queensgate Peterborough

Jewelry retailer Lovisa has opened its latest retailer at Queensgate Peterborough, its first retailer within the area.

The Australian model has taken a 1,630 sq ft unit on the centre’s Decrease Mall, subsequent to Boots. It gives earrings, necklaces, bracelets, rings, physique jewelry and hair equipment, and operates greater than 800 shops in over 40 international locations.

Queensgate stated the opening displays elevated demand for jewelry amongst its buyers. Jewelry gross sales on the centre rose by 10.7% in June, forward of the UK common.

Lovisa joins latest additions to the centre’s line-up together with Pandora, TAG Heuer, Swarovski, Beaverbrooks and Fraser Hart. Goldsmiths can also be making a 6,674 sq ft showroom that includes a number of luxurious manufacturers.

Ed Ginn, director of funding administration at Invesco Actual Property, stated: “Lovisa is a key addition to Queensgate’s crucial mass of jewelry manufacturers, creating a proposal unavailable anyplace else within the catchment. This focus of alternative attracts shoppers from throughout the area, and is driving a big out-performance within the class.”

Sovereign Centros from CBRE is asset supervisor for Invesco Actual Property. CBRE and Time Retail Companions are the letting brokers.