Suit Supply launches at 5 Martin Place
2 May 2017
Suitsupply launches its flagship at 5 Martin Place, Sydney
Suitsupply, the global European brand renowned for its focus on expertly crafted men’s tailoring, will launch its long-awaited Australian flagship store at 5 Martin Place, Sydney, reinforcing the standing of Australia’s biggest city as a sought-after destination for international brands.
Suitsupply will join other first-to-market retailers like COS and RIMOWA, and eateries like Roll’d Vietnamese and Hills Bros. café, completing the wide-ranging retail offerings at 5 Martin Place.
The store will be located in the historic banking chamber of the redeveloped ‘MoneyBox’ building owned by Dexus and Cbus Property. In its signature aesthetic, the store offers a spacious, vibrant atmosphere where shoppers can enjoy shopping a full collection of seasonal suits, jackets, shoes attire and accessories at their leisure in a space that’s set to tap into Sydney’s growing climate of global culture and style.
"Sydney is a sophisticated retail market that has been readying for the arrival of Suitsupply. The decision of Suitsupply to launch its first to market flagship is a show of confidence in the evolving international retail scene in the heart of the city," says Dexus Head of Retail Leasing, Eddie Giraldo.
Leighton Hunziker of Savills, who represented Suitsupply in the real estate negotiation, said that the establishment of the store at 5 Martin Place sees the conclusion of a 4-year flagship search. "A trophy retailer like Suitsupply needs a trophy space. It was very tough to find. Both parties have worked hard together within heritage constraints to develop a truly unique retail environment, which will be sure to grab plenty of attention when it opens".
Cbus Property Executive Manager Asset management, Chris Hardy also commented that "Suitsupply’s occupation of 5 Martin Place, Sydney completes the interconnection of this exemplar heritage led urban renewal project with these authentic retail brands, increasing the ground plane activation in this re-born Martin Place precinct.
Founded in Europe in 2000, Suitsupply has since grown to over 70 international stores in cities such
as Milan, London, Zurich, Amsterdam, New York, Toronto, Shanghai, Singapore and Hong Kong and, in addition to their expanding brick-and-mortar locations, maintains a strong online presence, allowing them to bring their style and top-tier service to all corners of the planet.
Suitsupply will open in the third quarter of 2017.
Dexus Investor
Rowena Causley
Head of Listed Investor Relations