Bimba y Lola to open new store in London
Spanish designer brand Bimba y Lola continues to expand its international footprint with plans to open a new store in the UK.
The new space will be located at 295-297 Brompton Road, a busy shopping street which is home to several luxury designer brands. The exact opening date hasn’t been revealed yet, but it is understood that the store will open in early March.
This will be the fifth Bimba y Lola store in Central London, taking the total number of UK stores to eight. The label launched in the country in 2011.
Bimba y Lola operates stores on London’s Westbourne Grove near Notting Hill, South Molton Street, King’s Road and Marylebone High Street.
There are also Bimba y Lola stores in the affluent areas of Hampstead, Richmond and Canary Wharf, and the brand opened a pop-up boutique on Regent Street in 2016.
The brand’s international business grew significantly last year and the company is expanding its logistics capabilities to meet growing demand.
In the last financial year, Bimba y Lola saw sales increase by 31.7% to 152.4 million euros. It expects the current year ending this month to record revenue of 180 million euros.
The fashion brand, founded by Adolfo Dominguez’s nieces Uxia and Maria Dominguez, has 240 stores in 12 countries. 20 further openings are planned for this year in the UK, Portugal, Korea, Kuwait, Mexico, Chile, Colombia and France.
Copyright © 2021 FashionNetwork.com All rights reserved.