Demand for Bond Street shops looked strong earlier, as Danish jeweller Georg Jensen became the latest upmarket brand to ink a deal for a new flagship store there.
The company, which was founded in 1904 and also sells homeware goods such as silver cutlery and vases, will open around 5,000 sq ft of space over three floors at 108 Bond Street. It will launch towards the end of the year.
Georg Jensen joins a string of other firms to have also signed leases for property on the world-famous luxury shopping retail address in 2023. Others include footwear label Aquazzura and French candle maker Diptyque.
Those lettings will be seen as a vote of confidence in how much footfall has bounced back following the pandemic. Crossrail has also impressed some tenants.
Anthony Selwyn, a director at property agent Savills, which acted for the landlord on the latest deal said: “These are exciting times for the pitch just north of Brook Street with little availability now following the substantial redevelopment of these buildings. This part of New Bond Street will now truly provide the final piece of London’s premier luxury location.”
Stephen Kane, chief executive of Stephen Kane & Company which represented Georg Jensen added: “The acquisition follows a two-year search for a suitable flagship to show all the brand’s products in an appropriately exciting and prestigious environment following their departure from Mount Street.”
