Press Releases

11/04/14

DEBENHAMS LAUNCHES FIRST STORE IN LATVIA


British retailer Debenhams launches its first department store in Latvia today, in a further step towards one of its key growth pillars to expand the brand internationally. Having opened the first Baltics Debenhams store in Estonia in 2013, this second store symbolises the continued interest in the Baltic region by the retailer. 

Securing over 30,000 sq ft of retail space at the high-end Spice shopping centre in Riga, it marks the 67th international launch for Debenhams.

The store will offer Women’s, Men’s and Kids’ clothing and accessories ranges, along with homeware, beauty and lingerie from Designers at Debenhams including Julien Macdonald, John Rocha, Ben de Lisi, Jasper Conran and Jeff Banks.

Following great success in the UK, Latvian shoppers will also be able to snap up ‘Edition’, a collection of clothing, homeware and accessories, featuring the very best from Britain’s up and coming designers like Jonathan Saunders and Preen. Store services will also include Debenhams’ bra fit service, with a personal shopping facility also becoming available shortly after launch.

Says Debenhams International Director, Francis McAuley: “The launch of our first store in Latvia marks an exciting time for Debenhams and our Baltics partner Kolonna, as we continue the international growth of our department store concept.

“Latvia is a vibrant, growing country which is currently under-represented in the department store sector. We will bring our distinctive retailing expertise with our strength in exclusive fashion brands and designer ranges at high street prices.”

With impressive growth figures, the Spice shopping centre holds 21% of all Riga’s shopping malls turnover, with customer flow increasing 3% last year, with total turnover growth of 6%.

McAuley continues: “We aim to double the scale of our international business over the next five years. The opening of our second store in the Baltics marks the next step of our business expansion in the territory.

“We regard Spice as the pick of the shopping centres in Latvia, and therefore offers the best place for Debenhams to be represented.”

The Debenhams team, including 40 new recruits, has been putting the finishing touches to the Riga store, which has been 12 months in development.  Over the past seven days the store has received more than 66,000 items of stock, including 250 coats, 1,000 fuller bras G-K cup, 560 pairs of jeans and 2,000 pieces of babywear.

The store will be officially opened by fashion royalty and Designer at Debenhams Ben de Lisi, who is flying in to help officiate the opening with a fashion show and VIP event.

Debenhams plans to open six stores in the Baltic states, and increase the number of its international franchise stores to 150 over the next five years.

Debenhams is one of the leading British department store chains and it has a legacy dating back to 1785. Debenhams operates in more countries than any other department store with 67 franchised stores in 26 countries from Iran to Iceland and Malta to Malaysia.

 ENDS

 

 

 

Debenhams Debenhams is a leading international, multi-channel brand with a proud British heritage which trades out of 240 stores across 28 countries. Debenhams gives its customers around the world a unique, differentiated and exclusive mix of own brands, international brands and concessions. In the UK, Debenhams has a top four market share in womenswear and menswear and a top ten share in childrenswear. It leads the market in premium health and beauty. Debenhams is the eleventh biggest UK online retailer by traffic volume and in March 2013 was awarded “International Growth Initiative of the Year” and “The Retail Technology Initiative of the year for Endless Aisle” at the Oracle Retail Week Awards. Debenhams has been investing in British design for 20 years through its exclusive Designers at Debenhams portfolio of brands. Current designers include Jeff Banks, Jasper Conran, FrostFrench, Henry Holland, Betty Jackson, Jonathan Kelsey, Ben de Lisi, Julien Macdonald, Jane Packer, Jenny Packham, Pearce Fionda, Stephen Jones, Preen, Janet Reger, John Rocha, Jonathan Saunders, Marios Schwab, Ashley Thomas, Eric Van Peterson and Matthew Williamson.

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