In a significant boost to the ongoing rejuvenation of London’s iconic Oxford Street, Dr. Martens is gearing up to launch a brand-new flagship store, marking its second presence in this pivotal retail hub.
The renowned fashion footwear brand has secured a 10-year lease for its upcoming store located at 184-188 Oxford Street. This spacious location spans approximately 6,000 square feet, comprising a basement, ground floor, and first floor.
The forthcoming flagship, complementing its existing store at 368 Oxford Street, will proudly showcase Dr. Martens’ extensive range of collections, each weaving a captivating narrative of the brand’s illustrious journey spanning over five decades.
The Langham Estate, the property landlord, underscores that this latest endeavor underscores the surge of retailers eagerly vying to establish their brand presence on Oxford Street. The area is currently undergoing a remarkable transformation under the auspices of Westminster’s local authority, poised to solidify the district’s standing as a world-class shopping destination.
The Langham Estate further notes, «Eastern Oxford Street, in particular, is poised for additional growth, aligning with the new line interchange at Tottenham Court Road Station, which is witnessing a substantial increase in underground passengers.»
Callum White, Central London Retail & Leisure Agent at Savills, the firm that secured the lease, highlights Oxford Street’s remarkable surge in occupancy over the past year. With available spaces becoming increasingly scarce, those still on the market are expected to benefit from the upcoming store openings and announcements during the winter months.
Sam Foyle, Co-head of Prime Global Retail at Savills, affirms that Dr. Martens’ decision to open a flagship store signifies the caliber of new tenants choosing Oxford Street. This follows recent openings by notable brands like Rituals, Pandora, Foot Asylum, Reserved, Under Armour, and PSG, with more announcements anticipated in the weeks to come.
Stay tuned for the grand unveiling of Dr. Martens’ new flagship store on the vibrant streets of Oxford Street, London, as the area continues to thrive as a premier retail destination.