Manchester’s King Street, dubbed the Bond Street of the North, is facing a crisis after an exodus of high street retailers and fashion brands.
Cecil Gee, All Saints, Gant, Hobbs, Timberland, Aubin & Wills and Monsoon are among nine retailers that have left the street over the past two years, according to the Manchester Evening News.
King Street, located next to the city’s former financial centre, was previously a destination for shoppers looking for designer and luxury brands, but vacant shops have become common place as retailers have been wooed elsewhere in the city.
Speaking to the MEN, local business owners blamed high rents, business rates and discounted rents elsewhere for creating the crisis, however, local councillor Pat Karney said the area needed to be reinvented with a café culture.
Karney has invited retailers for a meeting at Manchester Town Hall to discuss issues and “legitimate” trading concerns.