Turkish fashion retailer, LC Waikiki will be launching in the Ugandan market with the opening of a flagship store at the Acacia Mall, according to property management firm, Knight Frank Uganda.
According to Knight Frank’s Head of Retail, Marc Du Toit, the fashion brand; which is also Europe’s fastest growing urban fashion chain will occupy 1900 m2 of space at the Acacia Mall when they open in the third quarter of 2020.
Du Toit says LC Waikiki’s opening at Acacia Mall will cement the Kisementi-based shopping plaza position as Kampala’s lifestyle destination.
“LC Waikiki’s entry into the Acacia mall diversifies and further elevates the tenant mix of the mall thereby cementing its position as Kampala’s Lifestyle Destination for its consumer base. LC Waikiki are internationally renowned for offering high quality clothes at great value”, he further said.
According to the survey performed by Ipsos KMG semi-annually, LC Waikiki has been the leader of Turkish ready-made clothing industry since 2004 and it is still the most important address for the accessible fashion; providing the opportunity for quality shopping at affordable prices.
Besides trendy products in all seasons’ collections, LC Waikiki’s special collections for maternity, vacation, graduations and back to school are also a key draw card.
LC Waikiki has been carrying on its growth adventure for 32 years both in Turkey and abroad as a leading player in the ready-to-wear industry, currently operating in 47 countries including Algeria, Egypt, Kenya and South Africa
The fashion retailer plans on expanding and establishing its presence in the world with an aim of reaching 1,500 international stores by the end of 2023.
LC Waikiki’s journey started in France in 1988, continuing after 1997 as a Turkish brand under the umbrella of LC Waikiki Mağazacılık Hizmetleri Ticaret A.Ş.
Today, it trades in 1,010 stores in 47 countries, with the company’s philosophy that “Everyone deserves to dress well” enabling people to enjoy accessible fashion through quality products at affordable prices.
In a recent report for Half Two of 2019, Knight Frank highlighted Developments in Kampala’s retail sector, among them Metroplex mall (Naalya) which is undergoing an upgrade and is expected to open in the first half of 2020 with new and improved access.
The mall will be anchored by international traders being Carrefour Hypermarket (their second store in Kampala, the first is due to open at the time of writing this report at Oasis Mall in the CBD), Century Cinemax Cinemas, and a new and improved Woolworths amongst numerous local and multi-national retailers.
Knight Frank said Acacia Mall saw the expansion of Woolworths from a 550m² store to an 830m² store, which is indicative of the trading potential in Kampala generally.
Village Mall in Bugolobi saw the opening of East Africa’s, home grown, Cafesserie and Lintons in the period under review. Both stores are part of the tenant mix redevelopment of the mall which will see new entries in the fashion and leisure sector in the first half of 2020.