Vans signs lease to occupy former Miss Selfridge flagship site

// Vans set to move into Arcadia’s former Miss Selfridge flagship in London’s Oxford Street
// The CVAs for Sir Philip Green’s Arcadia retail empire were approved last month
// The retail tycoon has plans to shut 23 stores
// He also plans to shut an additional 25 Miss Selfridge & Evan stores

Vans has signed a lease to secure the retail space in London’s Oxford Street, which was once the flagship for Arcadia’s Miss Selfridge fascia.

The CVAs for Sir Philip Green’s retail empire, which includes Topshop, Wallis, Dorothy Perkins, Evans and Burton, were approved by creditors last month.

It will see 23 store closures and rent cuts across scores of others.

In addition, Arcadia plans to shut 25 Miss Selfridge stores, one of which was the Oxford Street flagship site.

The outlet will be moving into a concession space inside neighbouring Topshop.

As a result, US skateboarding shoes retailer Vans hopes to move into Miss Selfridge’s former unit before the Christmas trading period.

The new store will be one of Vans’ largest locations in the world, and will have one of the biggest ranges of stock in Europe.

This is one of the first in what is likely to be a string of new tenants moving into former Arcadia premises in the coming months.

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