Alexander Wang Follows Victoria Beckham And Opens First London Store

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Alexander Wang is touching down in London. The brand plans to open its first UK shop on Albemarle Street in Mayfair by early 2015. It's the first European outpost for the designer, who already has stores in Tokyo, Beijing and New York. Wang will join brands including Paul Smith, Amanda Wakeley, Buccellati and Garrard & Co. on the street, which is fast evolving into a retail hotspot. The Alexander Wang shop will span 6,500 square feet, according to a report on central London retail by British estate agents Knight Frank.

"Competition for prime space is fierce, and demand continues to spread to locations previously considered 'peripheral,'" the report said. "Mayfair is a noteworthy example, with emerging streets such as Conduit Street, Dover Street and Brook Street seeing marked improvements to tenant mix, which has resulted in significant rental growth."

MStars News recently reported Victoria Beckham opened her first store on Dover Street in September.

"Regent Street and Bond Street continue to generate high levels of footfall, which will receive an additional boost from Crossrail," said the report, referring to the major new railway line that will stretch from east to west across London and into the suburbs.

According to WWD, the report added that some central London locations have "zero availability," and there is also evidence that units are being marketed 1-2 years in advance of release. According to Knight Frank, London's retail market was also boosted by the increase in tourism, with visitor numbers rising by 8 percent in the first quarter to reach 3.6 million. Check out some designs from Alexander Wang's Fall 2014 shoe collection in stores & on AlexanderWang.com now!

A bold step: introducing the Kai High Heel Sandal. Available in #AlexanderWang stores & on AlexanderWang.com

A photo posted by ALEXANDER WANG (@alexanderwangny) on Nov 11, 2014 at 5:05pm PST

The Kai High Heel Sandal in black, features rhodium hardware & pinched seam detailing. Explore more from the #Fall2014 shoe collection in stores & on AlexanderWang.com. A photo posted by ALEXANDER WANG (@alexanderwangny) on Nov 11, 2014 at 12:55pm PST