Derbion expands fashion offering with two new retailers

Derbion shopping centre has signed fashion brands Seasalt and Luke 1977 to open their first stores in Derby later this year. Seasalt has signed for a 2,400 sq ft store on a 10-year lease, while Luke 1977 has taken a 1,200 sq ft space, marking its 15th UK store. These deals follow Victoria’s Secret signing for 5,712 sq ft at the centre on a 10-year lease. Spanning 1.1m sq ft, the centre houses 200 tenants, including six anchor retailers such as Next, M&S and Sainsbury’s. Cale Street Investments acquired a 50% stake in Derbion in 2019 from Intu. It bought the remaining 50% stake in 2020 following Intu’s administration. Beth McDonald, managing director at Derbion, said: “Seasalt and Luke 1977 are fantastic brands with strong and growing customer bases. With more big brands selecting Derbion for their flagship East Midlands stores, it is helping us to maintain our position as the region’s premier retail and leisure destination.” Derbion’s retained leasing agents are CBRE and FHP. Image from Derbion