2 hours ago | By Sandra Halliday
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Oct 26, 2015
By WGSN Insider
Jaeger and the Crown Estate, which owns the freehold to the store, have agreed to sell the lease to Coach, which will relocate from its smaller store two hundred yards away on the same street.
Coach said it expects to open in the autumn of next year to mark its 75th anniversary.
Chief executive Victor Luis told City AM: “We are delighted to bring Coach and Stuart Weitzman together at this iconic location, while maintaining their unique identities with individual stores and spaces for each brand.”
Jaeger, which is owned by Hong Kong-based Better Capital, has said that the store is “too big” and wants to relocate to a smaller unit.
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