The UK remains a focal point for international retail expansion, according to the latest findings from MAPIC’s newly launched Observatory of Cross-Border Retail & Food. The observatory, developed by MAPIC in conjunction with Cushman & Wakefield, serves as a comprehensive guide for stakeholders looking to enter or expand within the UK market. It offers insights into the strategies of emerging retail brands poised for growth across various European markets.
The UK remains a focal point for international retail expansion, according to the latest findings from MAPIC’s newly launched Observatory of Cross-Border Retail & Food. The observatory, developed by MAPIC in conjunction with Cushman & Wakefield, serves as a comprehensive guide for stakeholders looking to enter or expand within the UK market. It offers insights into the strategies of emerging retail brands poised for growth across various European markets.
Brands such as Fat Phill’s, Lucid Motors, and Fauchon have all identified the UK as a key target for expansion. Fauchon, the iconic French gourmet food retailer, is now focused on growing its footprint in the UK following the closure of its flagship store in Paris and all other French locations. The brand, known for its high-end pastries and luxury food items, is eager to re-establish its presence and reach new audiences in the vibrant UK market. This strategic pivot underscores the UK’s enduring appeal as a hub for premium international brands.
Francesco Pupillo, Director of MAPIC, stated: “The UK has always been a prime destination for ambitious international retailers due to its dynamic consumer base and established retail infrastructure. Our Cross-Border Retail Observatory highlights the renewed interest in the UK, and MAPIC serves as the ideal platform for brands to connect with key landlords, advisors, and partners to drive their expansion plans forward.”
The observatory will be presented at this year’s MAPIC event, featuring a dedicated retail gallery and brand pitch sessions to facilitate connections between international retailers and the property partners who can support their UK entry. The gallery will include notable brands with significant expansion strategies, such as:
- Fat Phill’s: Expanding from the Netherlands, known for its unique product offering and highly engaging social media presence.
- Fauchon: Once synonymous with Parisian luxury, Fauchon is looking to re-establish itself outside of France, targeting high-end UK locations as part of its international growth strategy.
- Dune London: A leading UK footwear brand with expansion plans throughout Germany, France, and the Netherlands.
- Lucid Motors: The American EV manufacturer making its mark in the UK as part of a broader push into Europe.
MAPIC’s Observatory of Cross-Border Retail & Food will continue to monitor and report on emerging trends, helping stakeholders stay ahead of the curve in identifying and partnering with high-growth brands.
MAPIC 2024 will be held in Cannes from 26-28 November. With over 1,600 brand representatives and 700 exhibitors, the event will feature discussions from industry leaders, including keynotes from global brands such as Salomon, Krispy Kreme, and Le Pain Quotidien.