Thursday, October 19, 2017

Clarks Village, Freeport Braintree & Junction 32 post growth in 2016

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The parent company of Clarks Village, Freeport Braintree and Junction 32 outlet shopping centres have a recorded positive results in sales and footfall in 2016 across all three of its locations.

Clarks Village in Somerset, Freeport Braintree in Essex, and Junction 32 in West Yorkshire, collectively saw sales increase by 6.7 per cent and footfall by 5.8 per cent last year, according to owner Hermes Investment Management.

The three centres combined welcomed 10.6 million visitors, and in December alone, 1.1 million people visited – a 3.76 per cent increase on the same period in 2015.

“Our three premier outlet malls provide a compelling mix of shops, restaurants and an engaging experience, which is resulting in unprecedented demand from leading brands,” Hermes Investment Management asset manager Gavin Murray said.


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“In turn, this is driving a very positive response from consumers, with sales and footfall up at all three of our outlet malls last year.”

Several key retail and leisure brands opening in the three outlet malls in past year, including The White Company, Wonderbra, and GBK at Clarks Village, plus Hugo Boss at Freeport Braintree.

In addition, Clarks Village is now 99 per cent let.

“Looking ahead to 2017, we will be maintaining our fashion focused offer and providing places that people want to spend time, shop and also dine – complete day out destinations,” Murray said.

The three outlet centres offer a combined total of 262 stores and 20 cafes and restaurants, covering a total of 690,000sq ft.

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