Men’s and women’s clothing brand Ports 1961 is understood to have acquired a showroom and head office in central London, ahead of longer-term plans to open a flagship store.
The Milan-based luxury business is thought to have signed for a 3,500 sq ft premises in Exmouth House on the corner of Exmouth Market and Pine Street in Clerkenwell, where it will showcase its collection. It is currently stocked in Harrods, but wants to expand its wholesale operations in the UK.
Ports 1961 declined to comment on the showroom deal, but chief executive Salem Cibani said the UK “has always been an important market for us strategically” and confirmed its retail ambitions, saying: “We are targeting to open a London flagship in 2016.”
Ports 1961 was originally founded in Toronto as an import business for clothing from Japan. It has three flagship stores in Paris, New York and Shanghai, with another planned for Hong Kong within the next few weeks.