Pandora reopens store as Liverpool ONE sees 15 brands invest since January

Pandora has refurbished and reopened its store at Liverpool ONE, becoming one of 15 brands which have invested in the destination since the beginning of the year.

The jewellery retailer has opened a 2,000 sq ft ‘Evoke 2.0’ store concept – which looks to introduce a modern and fresh aesthetic – at its existing unit on South John Street.

Pandora joins a number of retailers that have actively invested in the Liverpool scheme, such as Zara, which is preparing to upsize into a 40,000 sq ft regional flagship from its current 27,000 sq ft space.

In total, 90,000 sq ft of space has been enhanced and upgraded by existing brands at Liverpool ONE in 2024. Other retailers which have invested in the scheme this year include Goldsmiths and BOSS.

This investment by existing brands has a positive impact on Liverpool ONE’s performance, with stores that refitted in 2022 and 2023 experiencing on average an 8.2% increase in weekly sales versus the 12 months prior to refurbishment. Those same stores are also averaging a 16% increase in sales to date in 2024.

Rob Deacon, director of asset management at Grosvenor, said: “Pandora is the latest in a long line of top international brands that have chosen to invest in Liverpool ONE, and we’re thrilled to see this momentum continue as the doors open to its revamped store.  The consistent commitment of leading brands speaks to the strength of partnership that Grosvenor creates with its tenants, and the results speak for themselves.  Investing in Liverpool ONE has a visible and long-lasting impact for both.”

CBRE and Metis Real Estate Advisors represent Liverpool ONE on retail lettings, whilst Metis and Stärka act on hospitality and leisure.