September 12, 2023 9:00 AM
Strategic retail property advisors Newmark Retail has worked with popular vintage chain Beyond Retro to secure its latest UK store in Cardiff.
The new 6,000ft space is located on The Hayes, Morgan Quarter, opposite Cardiff’s St. David’s shopping centre – a prime location for shoppers, attracting over 37 million visitors a year. The store opened its doors in August.
Beyond Retro offers one of the largest selections of handpicked, on-trend vintage clothing in-store and online, with more than seven million items sold since it launched in 2002.
The new Cardiff outlet, which will eventually hold over 10,000 items of clothing, takes the chain’s UK store count to seven, with existing locations in London, Bristol and Brighton. The retailer also has shops in Sweden and Finland.
Newmark Retail works with Beyond Retro to support its ambitious expansion plans. The Cardiff store is the first location on its roadmap, with further deals in the pipeline for London and key UK cities in the coming months.
Beyond Retro managing director Kate Peters says: “Cardiff’s fashion and cultural scene is so creative and diverse, we think our expansive trend-led and sustainable fashion collection will really resonate with the city. The new location is the perfect spot for our large-scale sustainable fashion offering, and Newmark Retail’s support has been vital in securing it.”
Amanda O’Flaherty is a Director at Newmark Retail and leads its retail consultancy for Beyond Retro. She says; “We have been working with Beyond Retro to establish a growth and expansion plan that will meet the brand’s objectives and appeal to shoppers looking for fantastic vintage finds. Cardiff is an ideal first location in our partnership, and we are looking forward to working with the team as we move through its expansion plans together.”
Newmark Retail is an advisor to retail and leisure occupiers, operating in the UK, Europe and the US. It provides real estate advisory services for an extensive collection of high-street retailers, as well as for brands in the travel retail, leisure, hospitality and out-of-town sectors. It has supported retail markets for 30 years.
For more information on Newmark Retail visit https://www.nmrk.com/offices/newmark-retail-uk-emea, or on Beyond Retro visit, https://www.beyondretro.com/.
About Newmark UK & EMEA Retail
Newmark UK & EMEA Retail is an advisor to retail and leisure occupiers, operating in the UK, Europe and US. It provides real estate advisory services for an extensive collection of high street retailers, as well as for brands in the travel retail, leisure, hospitality, and out of town sectors. It has supported retail markets for 30 years.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of June 30, 2023, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with over 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.