Portugal news – Fashion brand Carolina Herrera just opened a megastore in Porto, Portugal.
Luxury fashion brand Carolina Herrera is now available at no. 70 Rua das Carmelitas, in a new megastore in Porto's prime high street retail area with five floors and a total area of 470 square meters.
Spanish fashion brand Carolina Herrera, that is managed by Spanish company Sociedad Textil Lonia group, used the consultancy services of international real estate company CBRE.
Porto is currently attracting international luxury fashion brands as it is becoming increasingly fashionable, according to Carlos Récio, Senior retail director at CBRE. He adds that another indicator of high demand in Porto’s prime retail market segment is “that the prime rent for high street retail in Porto has already reached €85/m², which reflects a significant increase in recent years.”
International fashion brands available in Porto’s prime high street retail area include American Vintage, Max Mara, Marques Soares, and Brownie; while luxury fashion brands Hugo Boss, Liu Jo, Pinko, Lacoste and Max & Co have stores in the vicinity at Passeio dos Clérigos.