Global law firm DLA Piper has advised Vince Group UK Ltd (Vince), a subsidiary of Vince LLC, the New York based global luxury apparel and accessories brand, on the acquisition of leasehold premises in London.
The store, located at 169 Draycott Avenue, Chelsea has been leased for 6 years and will provide Vince with their first retail space in the UK having already grown into a leading brand in the US where they have 46 full-price retail stores, 15 outlet stores and an e-commerce site, vince.com. The Group also sells its products through department stores including Harrods.
The DLA Piper Real Estate team was led by Sarah Woolmer and Cheryl Murray. Sarah said “this was an exciting opportunity to act for a US company taking its first steps in the UK retail market and we look forward to supporting Vince Group with its growth plans for the future”.