The luxury lifestyle brand, Rituals, has been a client of Sherrards property and retail teams since early in the company’s history. Beginning in 2000 with one standalone store, Rituals now operates more than 600 stores across 27 countries in Europe, Asia, Middle East and North America.
The Sherrards property lawyers have a well-deserved reputation in the retail sector for cutting through the legal jargon and getting the deal done. With ambitions to open 1,000 stores by 2020, Rituals looks to Sherrards to help them secure properties in high end locations in the UK. In addition to new stores in Bicester Village and Marylebone High Street, Sherrards has worked with the Rituals team this year on new openings at London Bridge and Kings Cross stations.
Terry Fendt, who heads up the property team at Sherrards said, “Working with clients in the retail sector is both exciting and challenging. Opening new shops on the high street is pretty rare these days and in the current economic climate, it is great to work with a company that is thriving and expanding.”
Matthew Lee, Head of Store Expansion and Real Estate at Rituals comments “There is a great deal of work behind the scenes before we open a new store. We trust Sherrards because they have a dedicated team of specialists who understand the need for speed, flexibility and determination to navigate through negotiations and achieve the right result for us.”