Watches of Switzerland has signed up to open a store in a new retail development in Glasgow.
The Aurum-owned retailer will open a store on the city’s Buchanan Street within a new development owned by Land Securitues, which also owns the Buchanan Galleries directly opposite the new site at 185-221 Buchanan Street.
The Buchanan Street development is not due to open until spring 2013 but is already 90.7% let by income. Other retailers snapping up space include Forever 21, Gap and Paperchase. The development will be 115,000sqft over nine stores.
Glasgow is a UK retail hotspot and has been ranked the best shopping city in the UK outside of London with a catchment expenditure of £2.6 billion. The city attracts 91 million shoppers a year with Buchanan Street achieving an hourly footfall of 6,138 people – a statistic dwarfed only by Oxford Street in London.
