NEWS HEADLINES
Fendi to open New Bond Street flagship store
Wednesday, 01 June 2011
The retailer has agreed to take an
assignment of Mallett Antiques' lease at
141-142 New Bond Street.
141-142 New Bond Street.
Fendi is understood to have paid a premium of £1.7m to secure
the 11,787 sq
ft store and will pay a rent of £1.2m a year. The lease on the
store, which is
sandwiched between Zilli and Ralph Lauren childrenswear, will
expire in
2027.
Fendi already trades from a store at 20-22 Sloane Street in
Knightsbridge,
and Mallett is understood to be in advanced negotiations to secure
another store
in Mayfair.
Mallett Antiques is one of the oldest established antiques
dealers in the
world.