Scottish outerwear brand Mackintosh is in talks to open a London flagship store on Conduit Street to capitalise on the location’s higher footfall and rising fashion appeal.
Mackintosh is expected to retain its existing 825 sq ft shop at 104 Mount Street but will open a brand flagship in the larger 1,800 sq ft store at 19 Conduit Street, which is currently temporarily leased by Jimmy Choo.
Jimmy Choo has occupied the Conduit Street store while it refurbishes its 27 New Bond Street flagship, which is expected to reopen on Saturday (September 13).
Mackintosh is expected to open on Conduit Street next March or April.
It is not yet known what Mackintosh plans to do with the Mount Street store.
The luxury brand is also considering future plans to expand its range to include shirts, ties and accessories, but would not say when this would happen.
Mackintosh also trades from a store in Tokyo and is moving its 1,000 sq ft London showroom at 39 Margaret Street to larger 3,000 sq ft premises at 47 Margaret Street from March or April next year.
The move comes as the business has grown retail sales from £18m in 2010 to £40m at the year end March 2014.
Wholesale prices range from £175 for a classic wool coat, up to £675 for a cotton coat with fur lining.
Harper Dennis Hobbs advises Jimmy Choo but declined to comment.