Reinvested brands bolster sales at Gloucester Quays
Peel Retail & Leisure’s Gloucester Quays has recorded a 6% increase in sales over the last financial year, with brands that have reinvested into the scheme particularly benefitting.
This increase – which happened during the period covering April 2024 to March 2025 – followed record sales growth of 11% at the outlet shopping centre the previous year.
The centre’s retail sales from existing tenants were up by 5%, with homeware brand Le Creuset, footwear retailer Skechers, and outdoor specialist Mountain Warehouse, as well as Hallmark, Raging Bull, and Holland & Barrett examples of brands that invested in their stores and saw increased performance.
Gloucester Quays’ current hospitality brands saw an increase in sales, 7% up on the previous financial year. Double-digit growth for the likes of local operator Anatolian Palace and Nando’s helped propel sales in the category.
Paul Carter, asset director at Peel Retail & Leisure, said: “Gloucester Quays has driven sustained growth year-on-year, a legacy that reinforces our long-standing commitment to providing a best-in-class experience. We are continuing to adapt to evolving consumer demand for lifestyle-led spaces, something we are uniquely able to deliver as a destination that crosses between both city centre convenience and aspirational outlet. With recently reinvested brands topping the books for growth alongside our new additions, the success of our tried and tested strategy for delivering this speaks for itself.”
Gloucester Quays has also welcomed a host of renewals since the beginning of 2025. Eight tenants have recommitted to the destination this year, including Trespass, Puma, Adidas, and The North Face.