Reserved opens its first store in London

WSE-listed fashion retailer has opened its first flagship Reserved store in London on the Oxford Street in London on Wednesday. Located in the former BHS department store, the shop has some 3,000 sqm, employs over 100 people and cost PLN 20 million to develop and design. The lease has been signed for 10 years. At the same time, the company launched its online store for the UK market. LPP hopes that the London store will become profitable within the next 5 years, and will make decisions whether to further expand on the UK market next year. Reserved plans to have its stores In 21 countries by the end of the year, with plans to open locations in Paris and Milan in the future.