Railpen, the investment manager responsible for the safekeeping and administration of over £37 billion AUM for several pension schemes, announces the launch of global lifestyle brand kate spade new york’s first outlet store in Scotland, at the premier designer village, Caledonia Park.
Kate Spade will occupy a 1,630 sq ft unit opposite Scotland’s only Ralph Lauren outlet store, showcasing feminine lifestyle accessories, including the brand’s iconic handbags, attire, shoes, jewellery, and homeware. The signing of Kate Spade highlights Railpen’s drive to secure premium international brands as part of its retail leasing strategy for the destination.
Joining Kate Spade is Crew Clothing Company, which has recently opened. The brand, which presents timeless, quality pieces inspired by the British coast, has selected Caledonia Park to expand its outlet presence across the UK. With its iconic stripes and crossed oars, Crew Clothing Company stocks a variety of its classic styles, from blazers, cable knits and polos.
Matthew Howard, Head of Property Asset Management at Railpen, said: “Caledonia Park has moved from strength to strength since its refurbishment last year, and securing a Scottish debut in the form of kate spade new york solidifies this success. We have welcomed several high calibre retail brands over the past year, such as Dune London and Police, as well as the first Scottish outlet store for Animal, and these signings only add to our bourgeoning retail portfolio.”
This news follows the recent opening of Scotland’s first outlet store for Animal, the classic coastal clothing brand, at Caledonia Park, adding to the destination’s retail offer with its classic and contemporary style.
Johnstone Property Consultants and Time Retail Partners acted for Caledonia Park. kate spade new york and Crew Clothing dealt direct.
