BUS INE S S NEWS APRI L 2 0 2 1
TOUCHWOOD SOLIHULL
BEST FOOT FORWARD Fashion lovers will be delighted with the latest signing at Touchwood shopping centre – a brand new shoe shop.
Lend Lease Retail Partnership (LLRP), a fund managed by Lendlease, has announced the signing of Europe’s largest footwear retailer, Deichmann, at Touchwood Solihull, following the German brand declaring expansion plans to support British high streets amid the ongoing pandemic.
The brand has traded for over a century, starting as a cobblers’ shop in Essen-Borbeck, West Germany, in 1913. Since then, it has established a presence in 30 countries with over 4,000 stores, and has to date sold more than 180 million shoes from internationally recognised brands such as adidas, Nike, Skechers, and Hush Puppies.
Located opposite EE and Schuh on the Crescent Arcade, Deichmann will be launching the new 15,200 sq ft Touchwood store in late Spring, working towards the government’s roadmap announcement for non-essential re-openings. The unit will stock a complete array of footwear, from smart to casual, and covering men’s, women’s, and children’s lines.
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Guy Thomas, Head of Retail at Lendlease, said: “Signing Deichmann is hopefully the first of more positive news as we move through 2021; securing them in this market is testament to what Touchwood has to offer. It has been a challenging 12 months, but deals have continued within the centre apace as we look to ensure Touchwood maintains its appeal when retail starts to re-open, and customers return in due course.”
Andy Underwood, Director for Deichmann, said: "We're de- lighted to have exchanged on Touchwood. Solihull is a great lo- cation, and we look forward to welcoming customers into our new store later this year. Our fantastic value-for-money footwear and accessories offer something for all the family. We're happy we can do our part to support British high streets and shopping centres in the current climate."
ALSTERS KELLEY LEGAL EXPANSION
Coventry and Warwickshire solicitors Alsters Kelley Ltd recently announced the acquisition of Stratford-based Bonell & Co Solicitors, further extending its presence across the region as it brings its total number of offices to five.
It is an exciting development for the firm which already operates in Coventry, Nuneaton, Leamington Spa and Southam and represents its first acquisition for 15 years.
Bonell & Co, which is situated in Chestnut Walk, Stratford, has been established for over 30 years.
Cathy Wahlberg, Managing Director at Alsters Kelley, said: “The acquisition of Bonell & Co marks the start of an exciting new chapter for both firms.
“Bonell & Co boasts has an excellent reputation throughout the Stratford region and the acquisition seemed like the next natural step in Alsters Kelley’s own journey.
“It provides us with an excellent platform for growth and to extend our range of services. We look forward to developing the business in the years to come for the benefit of both the staff and our clients.”
LIVE24-SEVEN.COM
BUSINE SS & EDUCATION LOCAL NEWS
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