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Big brands come to Queenstown

Three well-known high-end brands are setting up shop in the heart of Queenstown’s CBD, which a local lettings agent says is ideal for the downtown retail mix.

Australian footwear and clothing company RMWilliams opens around next month on the corner of Rees and Beach streets.

And, just along Rees St, American brands Calvin Klein, famous for its jeans and underwear, and lifestyle design brand Tommy Hilfiger opened in the former Bank of New Zealand building around February .

The brands, which share a parent company, will each occupy half of the ground floor while Tommy Hilfiger will also occupy the mezzanine.

The building was leased through local Bayleys consultant Chris Campbell, who also negotiated the sale of the property for $17 million last year.

RMWilliams, meanwhile, is linked to Perth-based landlord Fiveight, who bought the corner building for $32.5million last year in a deal brokered by local Colliers agents , Mark Simpson and Rory O’Donnell.

Colliers business broker Mary-Jo Hudson believes those behind the three new stores will have gained confidence with DFS Group by committing to a 1,800 square meter CBD store, which opens today in the O’Connells building (see below).

“The good thing is that these retailers come in kind of mid-range and above.

“And in terms of some of the brands that are in DFS, they’re also luxury brands, and other than Louis Vuitton, we’ve never really had those luxury brands.

”So we’re kind of appealing to a much wider market – we’re going a lot higher up the high end, which is good for the downtown business mix. ”

Hudson admits the CBD street works have been “quite strenuous”, but says once they’re done it will be a friendlier area, which will complement new retailers.

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Doors ready to open

DFS Group’s new T Galleria by DFS store finally opens in Queenstown today.

The group took possession of two floors of the renovated O’Connells building on Camp St.

In all, there will be more than 120 international and New Zealand brands, including Chloé, Stella McCartney, Kenzo, Tom Ford, Givenchy, La Mer and Gucci Beauty.

To mark today’s grand opening, from 11am local artist Jessica Winchcombe has been commissioned to create a custom abstract work live in store over the weekend.

His piece will be available to bid through a silent auction on the GalaBid app – the link, app.galabid.com/dfsqt, will go live this morning.

All proceeds from the auction will go to the Sustainable Queenstown local impact initiative.

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